Housing in Hamburg, MN is a great investment opportunity. The median housing value is currently $299,200, which is significantly lower than the US median of $338,100. Despite being lower than the national average, house values in Hamburg have still appreciated over the past year with an appreciation rate of 6.82%. This is slightly below the national appreciation rate of 8.27%, but still offers a solid return on investment for any prospective homeowner.
The median home cost in Hamburg is $299,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Hamburg is up 11.0%.
Average Age of Homes
- The median age of Hamburg real estate is 53 years old
The Rental Market in Hamburg
- Renters make up 13.8% of the Hamburg population
- 0.0% of houses and apartments in Hamburg, 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.