Graceville, MN is an attractive place for potential homeowners due to its reasonable housing median value of $118,500. This is much lower than the national median value of $338,100 and provides a great opportunity for buyers looking for affordable property. In addition, house appreciation in Graceville has been strong over the past year at 13.39%, which is higher than the national rate of 8.27%. All told, Graceville offers an enticing combination of affordability and growth potential for potential homebuyers.
The median home cost in Graceville is $118,500. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Graceville is up 12.6%.
Average Age of Homes
- The median age of Graceville real estate is 64 years old
The Rental Market in Graceville
- Renters make up 21.2% of the Graceville population
- 4.4% of houses and apartments in Graceville, 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.