Lund, MN is a great place to own a home due to its low median housing value of $282,700. This figure is considerably lower than the US house median value of $338,100. In addition, over the past year, both Lund and the US experienced increases in housing appreciation with 7.75% and 8.27%, respectively. This makes Lund an ideal location for prospective homeowners looking for an affordable yet still appreciating location in which to buy a house.
The median home cost in Lund is $282,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Lund is up 13.6%.
Average Age of Homes
- The median age of Lund real estate is 63 years old
The Rental Market in Lund
- Renters make up 15.4% of the Lund population
- 0.0% of houses and apartments in Lund, 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.