Hill Lake, MN is a great place to buy a house due to its comparatively low median house value of $255,500. This is significantly lower than the US House median value of $338,100. This makes it an attractive option for potential homeowners. Additionally, the Hill Lake area has seen a substantial appreciation rate of 13.08% in the last year which is higher than the US average of 8.27%. This indicates that now may be a good time to invest in Hill Lake real estate and increase your chances of making a profit on your home purchase in the near future.
The median home cost in Hill Lake is $255,500. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Hill Lake is up 13.2%.
Average Age of Homes
- The median age of Hill Lake real estate is 29 years old
The Rental Market in Hill Lake
- Renters make up 1.8% of the Hill Lake population
- 0.0% of houses and apartments in Hill Lake, 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.