The housing market in Gales, MN is thriving. The median value of homes in the area is $180,200, which is significantly lower than the US house median value of $338,100. Additionally, the one year house appreciation rate for Gales, MN is 10.00%, higher than the US average of 8.27%. This indicates that the housing market in Gales is an attractive and stable option for home buyers looking to invest in a property.
The median home cost in Gales is $180,200. Home appreciation the last 10 years has been 72.9%. Home Appreciation in Gales is up 14.4%.
Average Age of Homes
- The median age of Gales real estate is 78 years old
The Rental Market in Gales
- Renters make up 4.0% of the Gales population
- 0.0% of houses and apartments in Gales, 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.