Ivanhoe, MN is an attractive place to live due to its relatively low costs of housing. The median value of a house in Ivanhoe is $113,000, which is much lower than the US House Median Value of $338,100. Despite being cheaper than the national median value, house appreciation in Ivanhoe has still been strong over the past year with an increase of 9.54%, higher than the US 1 year House Appreciation of 8.27%. This makes Ivanhoe a great choice for potential homeowners looking for an affordable home that will appreciate in value over time.
The median home cost in Ivanhoe is $113,000. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Ivanhoe is up 14.7%.
Average Age of Homes
- The median age of Ivanhoe real estate is 56 years old
The Rental Market in Ivanhoe
- Renters make up 23.6% of the Ivanhoe population
- 12.8% of houses and apartments in Ivanhoe, 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.