Gnesen, MN is an affluent area with significantly higher housing values than the national average. The median value of a house in Gnesen is $556,100, while the US House Median Value is only $338,100. Furthermore, the US 1 year House Appreciation rate is 8.27%, whereas Gnesen's 1 year House Appreciation rate is 10.54%. Clearly, Gnesen is an attractive place to invest in property and the housing market has seen steady growth over recent years.
The median home cost in Gnesen is $556,100. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Gnesen is up 14.7%.
Average Age of Homes
- The median age of Gnesen real estate is 27 years old
The Rental Market in Gnesen
- Renters make up 5.4% of the Gnesen population
- 0.0% of houses and apartments in Gnesen, 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.