The housing market in Lockhart, MN is quite strong. The median value of homes in the area has been estimated at $114,100, which is significantly lower than the US House Median Value of $338,100. Despite this difference, the one year house appreciation rate for Lockhart is only slightly lower than the national average at 8.21%. This signifies that home values are continuing to rise in Lockhart along with other parts of the country.
The median home cost in Lockhart is $114,100. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Lockhart is up 13.6%.
Average Age of Homes
- The median age of Lockhart real estate is 49 years old
The Rental Market in Lockhart
- Renters make up 21.2% of the Lockhart population
- 0.0% of houses and apartments in Lockhart, 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.