Grand Lake, MN is a thriving community with a median housing value of $388,300. This value is significantly higher than the national median of $338,100. The 1 year appreciation rate for Grand Lake is also much higher at 12.58%, compared to the US average of 8.27%. All these factors make Grand Lake an attractive option for home buyers looking for a more affordable and desirable place to live. Investing in real estate in this area is sure to bring good returns as it continues to be one of the most sought-after locations in Minnesota.
The median home cost in Grand Lake is $388,300. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Grand Lake is up 13.5%.
Average Age of Homes
- The median age of Grand Lake real estate is 40 years old
The Rental Market in Grand Lake
- Renters make up 6.3% of the Grand Lake population
- 0.0% of houses and apartments in Grand Lake, 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.