The housing market in New Trier, MN is currently valued at a median of $205,100. Compared to the US median of $338,100, it is slightly lower. The US house appreciation rate for the last year was 8.27%, while the appreciation rate for New Trier was 6.66%. This suggests that there is still some room for growth in the housing market in New Trier. With prices that are still relatively affordable compared to other places in the US, now may be a great time to consider buying a home in New Trier.
The median home cost in New Trier is $205,100. Home appreciation the last 10 years has been 94.0%. Home Appreciation in New Trier is up 12.2%.
Average Age of Homes
- The median age of New Trier real estate is 39 years old
The Rental Market in New Trier
- Renters make up 15.2% of the New Trier population
- 0.0% of houses and apartments in New Trier, 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.