Lanesboro, MN has a median house value of $203,300, which is significantly lower than the US median house value of $338,100. Home appreciation in Lanesboro has been slightly lower than the national average over the last year with a 6.78% increase in value compared to the 8.27% national average. Despite this, housing in Lanesboro remains attractive due to its more affordable prices and proximity to various outdoor activities in the area.
The median home cost in Lanesboro is $203,300. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Lanesboro is up 11.4%.
Average Age of Homes
- The median age of Lanesboro real estate is 78 years old
The Rental Market in Lanesboro
- Renters make up 21.6% of the Lanesboro population
- 2.1% of houses and apartments in Lanesboro, 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.