The housing market in Lone Pine, MN is quite robust compared to the national average. The median value of a house in Lone Pine is $353,300, which is significantly higher than the US median value of $338,100. Additionally, the 1 year appreciation rate for Lone Pine is 13.08%, while the US appreciation rate is 8.27%. This indicates that Lone Pine's housing market has been appreciating much faster than the rest of the country over the past year. This makes it a great place for potential home buyers looking for an investment opportunity.
The median home cost in Lone Pine is $353,300. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Lone Pine is up 13.2%.
Average Age of Homes
- The median age of Lone Pine real estate is 52 years old
The Rental Market in Lone Pine
- Renters make up 3.3% of the Lone Pine population
- 0.6% of houses and apartments in Lone Pine, 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.