The housing market in Lauderdale, MN is a thriving one, with the median value of homes being $277,200. This is significantly lower than the US house median value of $338,100. However, while the US house appreciated 8.27% last year, house appreciation in Lauderdale was only 4.70%. Nonetheless, even with a slower rate of appreciation than the national average, Lauderdale still offers an attractive housing market for potential buyers and investors alike.
The median home cost in Lauderdale is $277,200. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Lauderdale is up 9.2%.
Average Age of Homes
- The median age of Lauderdale real estate is 51 years old
The Rental Market in Lauderdale
- Renters make up 50.0% of the Lauderdale population
- 1.1% of houses and apartments in Lauderdale, 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.