The housing market in Lynden, MN is flourishing with a median value of $400,200. This figure is significantly higher than the US house median value of $338,100. The one-year appreciation of houses shows an 8.27% growth nationally, while in Lynden this rate has been 6.86%. This indicates that the area is popular among homebuyers and investors alike as they are able to maximize their investments with the positive returns offered by the local market.
The median home cost in Lynden is $400,200. Home appreciation the last 10 years has been 89.3%. Home Appreciation in Lynden is up 11.1%.
Average Age of Homes
- The median age of Lynden real estate is 33 years old
The Rental Market in Lynden
- Renters make up 5.1% of the Lynden population
- 0.4% of houses and apartments in Lynden, 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.