The housing market in Milaca, MN is highly attractive. The median value of homes in Milaca is $196,400, which is comparatively lower than the US house median value of $338,100. In the past year, the appreciation rate for housing in the US was 8.27%, but Milaca saw a slightly lower rate of 7.75%. This indicates that real estate prices in Milaca are more affordable and still increasing. All things considered, it’s a great time to look into investing in the Milaca housing market.
The median home cost in Milaca is $196,400. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Milaca is up 13.6%.
Average Age of Homes
- The median age of Milaca real estate is 44 years old
The Rental Market in Milaca
- Renters make up 39.1% of the Milaca population
- 0.0% of houses and apartments in Milaca, 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.