Lucan, MN is a great place to buy a home if you're looking for affordability. The median value of housing in Lucan is $104,400 compared to the US median house value of $338,100. This represents a savings of over $230K if you choose to invest in Lucan. Additionally, the 1 year appreciation rate of Lucan homes was 13.39%, which is higher than the national average of 8.27%. This makes it an even more attractive investment choice with potential for growth and increased value over time.
The median home cost in Lucan is $104,400. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Lucan is up 12.6%.
Average Age of Homes
- The median age of Lucan real estate is 64 years old
The Rental Market in Lucan
- Renters make up 19.8% of the Lucan population
- 3.8% of houses and apartments in Lucan, 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.