Minnesota Lake township, MN Housing


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United States / Minnesota / No Metro Area / Faribault County / Minnesota Lake township / Zip Codes
The housing market in Minnesota Lake township, MN is vibrant and growing. The median value of homes in the area is $270,200, which is much lower than the national median value of $338,100. This makes it an attractive area for potential home buyers who are looking for a good deal. In addition, the 1 year house appreciation rate in Minnesota Lake township, MN is 11.33%, which is higher than the US 1 year house appreciation rate of 8.27%. This demonstrates that the housing market in this area is confident and strong, offering great investment opportunities for those looking to buy a home in Minnesota Lake township, MN.

The median home cost in Minnesota Lake township is $270,200. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Minnesota Lake township is up 11.6%.

Average Age of Homes
- The median age of Minnesota Lake township real estate is 78 years old
The Rental Market in Minnesota Lake township
- Renters make up 8.3% of the Minnesota Lake township population
- 0.0% of houses and apartments in Minnesota Lake township, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMinnesota Lake township, MinnesotaUnited States
  63.0139,647,020.0
  8042
  $270,200$338,100
  11.6%16.6%
  43.0%57.0%
  70.2%101.1%
  $11.00$10.98
  $1,278$2,690
  69.8%57.4%
  6.3%11.2%
  23.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  6.3%4.1%
  Value of Owner-Occupied Housing
  2.3%2.6%
  4.5%2.4%
  4.5%2.8%
  11.4%3.9%
  4.5%4.5%
  6.8%11.3%
  20.5%13.0%
  18.2%20.1%
  11.4%13.6%
  4.5%8.3%
  9.1%9.7%
  0.0%3.9%
  2.3%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  7.9%13.6%
  7.9%13.6%
  4.8%13.6%
  0.0%13.2%
  4.8%14.8%
  4.8%13.6%
  9.5%10.0%
  7.9%4.7%
  49.2%12.2%
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