The housing in Kragnes, MN is quite valuable compared to the national median value. The median value of a house in Kragnes is $302,700 compared to the US median of $338,100, showing that housing in Kragnes is slightly less expensive than the national average. The appreciation rate for housing in Kragnes over the past year has been 8.21%, which is just slightly lower than the national rate of 8.27%. This reflects that although the cost of living in Kragnes is lower than most other places, the houses are still appreciating at a similar rate as everywhere else.
The median home cost in Kragnes is $302,700. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Kragnes is up 13.6%.
Average Age of Homes
- The median age of Kragnes real estate is 58 years old
The Rental Market in Kragnes
- Renters make up 5.6% of the Kragnes population
- 0.0% of houses and apartments in Kragnes, 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.