Mayfield, MN is a popular real estate market due to its steady growth in home values. The median housing value in Mayfield is currently $248,500, which is significantly lower than the US median house value of $338,100. Although the US house appreciation rate has been 8.27% in the past year, Mayfield's rate has been even higher at 9.54%. This trend suggests that now is an ideal time to invest in housing in Mayfield.
The median home cost in Mayfield is $248,500. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Mayfield is up 14.7%.
Average Age of Homes
- The median age of Mayfield real estate is 38 years old
The Rental Market in Mayfield
- Renters make up 0.0% of the Mayfield population
- 0.0% of houses and apartments in Mayfield, 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.