Housing in Jay, MN is an attractive investment for potential homeowners. The median value of homes in Jay is approximately $267,400, which is much lower than the US median value at $338,100. This provides a great opportunity for potential buyers to purchase a home with more value for their money. Additionally, the one-year appreciation rate of housing in Jay is 9.54%, which is higher than the national average of 8.27%. This indicates that investments in Jay's housing market can be expected to yield a good return in the short-term.
The median home cost in Jay is $267,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Jay is up 14.7%.
Average Age of Homes
- The median age of Jay real estate is 74 years old
The Rental Market in Jay
- Renters make up 9.2% of the Jay population
- 0.0% of houses and apartments in Jay, 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.