The housing market in McPherson, MN is looking strong and steady. The median value of a house in McPherson is $369,500 compared to the US average of $338,100. In the past year alone, house appreciation has risen by 11.33%, which is higher than the national average of 8.27%. This increase in value displays a healthy and stable real estate market for residents of McPherson, MN.
The median home cost in McPherson is $369,500. Home appreciation the last 10 years has been 70.2%. Home Appreciation in McPherson is up 11.6%.
Average Age of Homes
- The median age of McPherson real estate is 47 years old
The Rental Market in McPherson
- Renters make up 10.1% of the McPherson population
- 0.0% of houses and apartments in McPherson, 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.