Minnesota City, MN is a great place to live with its median housing value of $151,600 being much lower than the US House median value of $338,100. Despite this difference, the rate of house appreciation in Minnesota City, MN is still impressive at 6.78%, which is only slightly lower than the US 1 year House Appreciation rate of 8.27%. This makes Minnesota City an attractive option for those looking to purchase a home and benefit from potential appreciation in the future.
The median home cost in Minnesota City is $151,600. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Minnesota City is up 11.4%.
Average Age of Homes
- The median age of Minnesota City real estate is 78 years old
The Rental Market in Minnesota City
- Renters make up 20.8% of the Minnesota City population
- 12.0% of houses and apartments in Minnesota City, 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.