Lake Prairie, MN is a great place to live due to its attractive housing market. The median value for homes in the area is $450,100, which is significantly higher than the US median of $338,100. Additionally, the 1 year house appreciation rate in Lake Prairie is 11.33%, compared to the 8.27% US average - indicating that home values are expected to become even more valuable over time. With such an appealing market, it's no wonder why many people look to Lake Prairie as an ideal place to call home.
The median home cost in Lake Prairie is $450,100. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Lake Prairie is up 11.6%.
Average Age of Homes
- The median age of Lake Prairie real estate is 30 years old
The Rental Market in Lake Prairie
- Renters make up 4.0% of the Lake Prairie population
- 0.0% of houses and apartments in Lake Prairie, 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.