The housing market in Marshan, MN is doing well compared to the national average. The median value of a house in Marshan, MN is $518,400 compared to the US median house value of $338,100. Over the past year, the US has seen an appreciation rate of 8.27% while Marshan has seen a slightly lower figure of 6.66%. This indicates that Marshan's housing market is still strong despite the slight decrease in appreciation rate when compared to the nation as a whole. Overall, it appears that those looking for a home in Marshan can expect to find a solid market with good value for their money.
The median home cost in Marshan is $518,400. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Marshan is up 12.2%.
Average Age of Homes
- The median age of Marshan real estate is 42 years old
The Rental Market in Marshan
- Renters make up 11.0% of the Marshan population
- 1.1% of houses and apartments in Marshan, 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.