Martinsburg, MN is a great place to live due to its affordable housing market. The median value of homes in Martinsburg is $154,700, which is much lower than the US median at $338,100. Despite this gap in value, the 1-year appreciation rate of houses in Martinsburg is still quite strong at 6.82%, only slightly lower than the US average appreciation rate of 8.27%. This indicates that Martinsburg still offers high returns on investment for those seeking to purchase property there.
The median home cost in Martinsburg is $154,700. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Martinsburg is up 11.0%.
Average Age of Homes
- The median age of Martinsburg real estate is 78 years old
The Rental Market in Martinsburg
- Renters make up 16.3% of the Martinsburg population
- 0.0% of houses and apartments in Martinsburg, 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.