Hector township, MN is a great place to own property due to its relatively low housing median value when compared to the US average. The median house value in Hector township, MN is currently $232,300 while the US average is $338,100. This represents a 29% difference. Additionally, while the US has seen an average house appreciation rate of 8.27% over the past year, Hector township has seen an even lower appreciation rate of 6.82%. All in all, Hector township is an attractive option for those looking for affordable housing with reasonable room for appreciation over time.
The median home cost in Hector township is $232,300. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Hector township is up 11.0%.
Average Age of Homes
- The median age of Hector township real estate is 53 years old
The Rental Market in Hector township
- Renters make up 14.6% of the Hector township population
- 0.0% of houses and apartments in Hector township, 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.