Louisburg, MN is a small town located in the state of Minnesota. It has an attractive and affordable housing market with a median value of $58,300. This is much lower than the US house median value of $338,100. In addition to being affordable, Louisburg’s housing market also saw an impressive 1-year appreciation rate of 13.39%, which is higher than the US’s 8.27%. All this makes Louisburg an ideal place for those looking to buy a home or invest in real estate.
The median home cost in Louisburg is $58,300. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Louisburg is up 12.6%.
Average Age of Homes
- The median age of Louisburg real estate is 78 years old
The Rental Market in Louisburg
- Renters make up 8.3% of the Louisburg population
- 0.0% of houses and apartments in Louisburg, 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.