Kalmar, MN has one of the highest median housing values in the country at $527,300. This is significantly higher than the US House Median Value of $338,100. Furthermore, while the US 1 year House Appreciation rate is 8.27%, Kalmar’s rate is 6.78%. This shows that housing in Kalmar has been appreciating at a slower rate compared to the national average. Despite this slower appreciation, Kalmar continues to boast some of the most expensive median house values in the country making it an attractive place for potential home buyers or investors alike.
The median home cost in Kalmar is $527,300. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Kalmar is up 11.4%.
Average Age of Homes
- The median age of Kalmar real estate is 44 years old
The Rental Market in Kalmar
- Renters make up 7.4% of the Kalmar population
- 0.0% of houses and apartments in Kalmar, 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.