The housing market in Minneota, MN is doing significantly better than the national average. The median housing value in Minneota is $155,600, compared to the US House Median value of $338,100. Over the past year, US House appreciation was 8.27%, while in Minneota it was 13.39%. This shows that the housing market in Minneota is thriving and outperforming expectations. With such a low median home value and high appreciation rate, it makes Minneota an ideal place to buy or invest in property.
The median home cost in Minneota is $155,600. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Minneota is up 12.6%.
Average Age of Homes
- The median age of Minneota real estate is 59 years old
The Rental Market in Minneota
- Renters make up 16.8% of the Minneota population
- 2.3% of houses and apartments in Minneota, 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.