Galena, MN is a great place to buy a home due to its relatively lower housing median value of $186,700 compared to the US house median value of $338,100. The housing appreciation in Galena, MN has also increased by 9.54% over the past year which is higher than the US 1 year house appreciation of 8.27%. This shows that the housing market in Galena, MN is strong and offers excellent investment opportunities for prospective homeowners.
The median home cost in Galena is $186,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Galena is up 14.7%.
Average Age of Homes
- The median age of Galena real estate is 73 years old
The Rental Market in Galena
- Renters make up 6.1% of the Galena population
- 0.0% of houses and apartments in Galena, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.