Grey Cloud Island, MN has a median housing value of $450,900 which is higher than the US median of $338,100. The appreciation rate for homes in Grey Cloud Island over the past year was 6.66%, slightly lower than the national average of 8.27%. This indicates that housing in Grey Cloud Island is relatively stable despite the fact it is slightly higher than the national average. Homeowners and potential buyers should take comfort in this stability as it shows that housing values will remain consistently high even if appreciation slows or ceases altogether.
The median home cost in Grey Cloud Island is $450,900. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Grey Cloud Island is up 12.2%.
Average Age of Homes
- The median age of Grey Cloud Island real estate is 56 years old
The Rental Market in Grey Cloud Island
- Renters make up 11.7% of the Grey Cloud Island population
- 4.7% of houses and apartments in Grey Cloud Island, 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.