Granite Falls, MN is a great place to consider when looking for housing. The median value of homes in the area is $136,300, which is significantly lower than the US House Median Value of $338,100. Furthermore, the one year house appreciation rate in Granite Falls was 13.39%, higher than the nationwide average of 8.27%. This indicates that housing in Granite Falls is appreciating more quickly than other regions and could be a great option for someone looking to invest or buy their first home.
The median home cost in Granite Falls is $136,300. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Granite Falls is up 12.6%.
Average Age of Homes
- The median age of Granite Falls real estate is 47 years old
The Rental Market in Granite Falls
- Renters make up 28.2% of the Granite Falls population
- 0.0% of houses and apartments in Granite Falls, 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.