Kimberly, MN is a great place to live if you're looking to invest in real estate. The median value of housing in Kimberly is currently $246,800 - significantly lower than the US house median value of $338,100. This gives potential property buyers an opportunity to purchase much higher quality homes for a much lower price as compared to other parts of the country. Additionally, the one year house appreciation in Kimberly has been 12.38%, which is significantly higher than the US average of 8.27%. This makes it an even more attractive investment destination due to its increased potential for return on investment.
The median home cost in Kimberly is $246,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Kimberly is up 20.4%.
Average Age of Homes
- The median age of Kimberly real estate is 41 years old
The Rental Market in Kimberly
- Renters make up 2.6% of the Kimberly population
- 0.0% of houses and apartments in Kimberly, 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.