Lake Valley, MN Housing


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United States / Minnesota / No Metro Area / Traverse County / Lake Valley / Zip Codes
Lake Valley, MN is a desirable area for homeowners with its median house value of $149,000. This is significantly lower than the US median house value of $338,100, making it an attractive option for those looking to invest in a home. Not only is the initial price lower but according to recent data the one-year appreciation rate of houses in Lake Valley is 13.39%, higher than the national average of 8.27%. Therefore, housing in Lake Valley offers an excellent opportunity for potential buyers to take advantage of both a lower cost up front and greater potential return on investment.

The median home cost in Lake Valley is $149,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Lake Valley is up 12.6%.

Average Age of Homes
- The median age of Lake Valley real estate is 59 years old
The Rental Market in Lake Valley
- Renters make up 9.2% of the Lake Valley population
- 0.0% of houses and apartments in Lake Valley, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLake Valley, MinnesotaUnited States
  121.0139,647,020.0
  4842
  $149,000$338,100
  12.6%16.6%
  42.7%57.0%
  60.2%101.1%
  $9.70$10.98
  $893$2,690
  99.2%57.4%
  0.0%11.2%
  0.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  5.0%2.6%
  0.8%2.4%
  5.0%2.8%
  0.8%3.9%
  5.8%4.5%
  30.0%11.3%
  6.7%13.0%
  25.8%20.1%
  5.8%13.6%
  0.0%8.3%
  3.3%9.7%
  1.7%3.9%
  9.2%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.8%13.6%
  0.8%13.6%
  14.1%13.6%
  6.6%13.2%
  33.9%14.8%
  14.1%13.6%
  5.0%10.0%
  5.0%4.7%
  27.3%12.2%
Commute
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