Mendota, MN is a great place to live, boasting a median housing value of $314,800. It is significantly lower than the US median value of $338,100, however it still saw an appreciation of 4.70% over the last year compared to the US average of 8.27%. This is an attractive option for those looking for a more affordable living situation in a smaller town environment.
The median home cost in Mendota is $314,800. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Mendota is up 9.2%.
Average Age of Homes
- The median age of Mendota real estate is 68 years old
The Rental Market in Mendota
- Renters make up 46.3% of the Mendota population
- 6.2% of houses and apartments in Mendota, 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.