Lida, Minnesota has a very high median value for housing compared to the US average. The current median value for housing in Lida is $607,000, which is almost $200,000 more than the national median value of $338,100. Additionally, both the national and Lida housing markets have seen strong appreciation over the past year at 8.27% and 8.21%, respectively. This indicates that not only is housing in Lida expensive but it is also becoming increasingly valuable at a rapid rate.
The median home cost in Lida is $607,000. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Lida is up 13.6%.
Average Age of Homes
- The median age of Lida real estate is 37 years old
The Rental Market in Lida
- Renters make up 0.8% of the Lida population
- 0.0% of houses and apartments in Lida, 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.