Murdock, MN is an ideal area to purchase a home with its median value of $83,000. This is substantially lower than the US house median value of $338,100. On top of the low cost of housing, Murdock has seen an impressive 1 year house appreciation rate of 13.39%, while the US median rate is 8.27%. This means that homeowners in Murdock can expect to see a higher return on their investment in a shorter period of time than other parts of the country. Homeowners in Murdock enjoy a great deal on housing and are rewarded with higher returns than most other locations in the United States.
The median home cost in Murdock is $83,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Murdock is up 12.6%.
Average Age of Homes
- The median age of Murdock real estate is 78 years old
The Rental Market in Murdock
- Renters make up 17.4% of the Murdock population
- 0.0% of houses and apartments in Murdock, 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.