Lee township (Norman County), MN has a median housing value of $246,800 compared to the US House Median Value of $338,100. Despite having a lower median value than the national median, housing in Lee township (Norman County), MN has seen an appreciation rate of 8.21%, just 0.06% less than the US 1 year House Appreciation rate of 8.27%. This indicates that home values in this area are increasing at a very respectable rate and could be considered a great place to invest in real estate.
The median home cost in Lee township (Norman County) is $246,800. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Lee township (Norman County) is up 13.6%.
Average Age of Homes
- The median age of Lee township (Norman County) real estate is 73 years old
The Rental Market in Lee township (Norman County)
- Renters make up 4.2% of the Lee township (Norman County) population
- 0.0% of houses and apartments in Lee township (Norman County), 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.