The housing market in Grimstad, MN is strong with a median value of $149,900. This is significantly lower than the U.S. median value of $338,100, making it an attractive option for potential homebuyers. In the last year, house values have appreciated by 9.54%, higher than the national average of 8.27%. With its affordable prices and robust appreciation rates, Grimstad continues to be a great place to invest in real estate.
The median home cost in Grimstad is $149,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Grimstad is up 14.7%.
Average Age of Homes
- The median age of Grimstad real estate is 44 years old
The Rental Market in Grimstad
- Renters make up 9.2% of the Grimstad population
- 0.0% of houses and apartments in Grimstad, 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.