The housing market in Hope, MN is thriving with a median house value of $224,700. While this is significantly lower than the U.S. median house value of $338,100, it has seen an impressive 1 year appreciation rate of 9.54%, which is above the national average of 8.27%. This indicates that the housing market in Hope is strong and growing, making it a great place to invest in real estate.
The median home cost in Hope is $224,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Hope is up 14.7%.
Average Age of Homes
- The median age of Hope real estate is 54 years old
The Rental Market in Hope
- Renters make up 5.3% of the Hope population
- 0.0% of houses and apartments in Hope, 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.