Lake Johanna in Minnesota is an area with a high median house value. The median house value in Lake Johanna is currently $282,000, which is slightly lower than the US median house value of $338,100. Despite this disparity, the house appreciation rate in Lake Johanna has been impressive over the last year, increasing by 7.75%, only slightly lower than the US average one-year appreciation rate of 8.27%. This shows that not only is Lake Johanna a great place to buy a home but that it has also seen steady growth in terms of value and appreciation over the past year.
The median home cost in Lake Johanna is $282,000. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Lake Johanna is up 13.6%.
Average Age of Homes
- The median age of Lake Johanna real estate is 30 years old
The Rental Market in Lake Johanna
- Renters make up 13.4% of the Lake Johanna population
- 0.0% of houses and apartments in Lake Johanna, 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.