The housing market in Hay Creek, MN is rapidly growing. The median value of homes in Hay Creek is $567,200, which is much higher than the US House Median Value of $338,100. Furthermore, the house appreciation in Hay Creek has been 6.66% over the past year, slightly lower than the national 1 year appreciation rate of 8.27%. On average, homeowners in this area are seeing a good return on their investments with the rising property values and steady appreciation rate. With these favorable conditions, it’s no surprise that many people are looking to purchase homes in Hay Creek.
The median home cost in Hay Creek is $567,200. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Hay Creek is up 12.2%.
Average Age of Homes
- The median age of Hay Creek real estate is 40 years old
The Rental Market in Hay Creek
- Renters make up 7.2% of the Hay Creek population
- 0.0% of houses and apartments in Hay Creek, 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.