The housing market in Long Beach, MN is slightly lower than the national average. The median value of a home in Long Beach is $330,200, while the US median value is $338,100. Despite this discrepancy, the appreciation rate for homes in Long Beach is only slightly lower than the US average at 7.75%, compared to 8.27%. This shows that the housing market in Long Beach is healthy and growing steadily.
The median home cost in Long Beach is $330,200. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Long Beach is up 13.6%.
Average Age of Homes
- The median age of Long Beach real estate is 26 years old
The Rental Market in Long Beach
- Renters make up 2.1% of the Long Beach population
- 0.0% of houses and apartments in Long Beach, 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.