The housing situation in Hill, MN is quite favorable. The median value of houses in the city is $139,200, which is significantly lower than the US house median value of $338,100. Additionally, the one-year house appreciation rate for Hill, MN stands at 9.54%, which is higher than the national average of 8.27%. This means that housing prices are increasing faster in Hill, MN compared to other areas in the United States, making it an attractive place to invest in residential real estate.
The median home cost in Hill is $139,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Hill is up 14.7%.
Average Age of Homes
- The median age of Hill real estate is 51 years old
The Rental Market in Hill
- Renters make up 0.0% of the Hill population
- 0.0% of houses and apartments in Hill, 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.