Malung, MN has a median housing value of $240,000, which is significantly lower than the US median housing value of $338,100. Despite this difference in cost, the appreciation rate for homes in Malung is actually higher than the national rate at 9.54%, indicating that there is potential growth in the local economy. This could provide potential buyers with an opportunity to purchase homes within their budget and benefit from increasing values.
The median home cost in Malung is $240,000. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Malung is up 14.7%.
Average Age of Homes
- The median age of Malung real estate is 37 years old
The Rental Market in Malung
- Renters make up 4.1% of the Malung population
- 0.0% of houses and apartments in Malung, 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.