The housing in Grove, MN is slightly more expensive than the national average with a median value of $407,100 while the US House Median Value is $338,100. Despite the higher price, there has been an impressive appreciation rate in the past year of 7.75% which is just below the national appreciation rate of 8.27%. A strong housing market means that Grove, MN is a great investment for those looking to invest in real estate.
The median home cost in Grove is $407,100. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Grove is up 13.6%.
Average Age of Homes
- The median age of Grove real estate is 43 years old
The Rental Market in Grove
- Renters make up 6.4% of the Grove population
- 0.0% of houses and apartments in Grove, 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.