The housing market in Lent, MN is quite robust, with a median value of $399,300. This is nearly 20% higher than the national median value of $338,100. Despite the current pandemic and economic downturn, the one year appreciation rate for housing in Lent is still relatively high at 6.66%, compared to 8.27% nationally. Therefore, there is a great opportunity for homeowners and those looking to invest in the housing market in Lent to do so with confidence that their investment will be rewarded over time.
The median home cost in Lent is $399,300. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Lent is up 12.2%.
Average Age of Homes
- The median age of Lent real estate is 24 years old
The Rental Market in Lent
- Renters make up 3.2% of the Lent population
- 0.0% of houses and apartments in Lent, 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.