New Auburn, MN is a great place to buy a home. The median value of housing in this city is $129,600, which is much lower than the national median value of $338,100. While the national housing market has appreciated by 8.27% over the past year, New Auburn has appreciated even more at 6.82%. This makes it an attractive option for buyers looking for an affordable home in a growing market. With the combination of low prices and high appreciation rates, New Auburn is an ideal place for those looking to invest in property.
The median home cost in New Auburn is $129,600. Home appreciation the last 10 years has been 89.8%. Home Appreciation in New Auburn is up 11.0%.
Average Age of Homes
- The median age of New Auburn real estate is 54 years old
The Rental Market in New Auburn
- Renters make up 13.3% of the New Auburn population
- 1.7% of houses and apartments in New Auburn, 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.