The housing market in New Maine, MN is thriving, with the median value of homes being upwards of $266,900. This is significantly lower than the national median value of $338,100. Despite this discrepancy, the 1 year appreciation rate in New Maine is still quite impressive at 9.54%, which is higher than the US average of 8.27%. This indicates that New Maine's housing market is growing and its values are increasing rapidly, making it a great place to find a home.
The median home cost in New Maine is $266,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in New Maine is up 14.7%.
Average Age of Homes
- The median age of New Maine real estate is 38 years old
The Rental Market in New Maine
- Renters make up 1.9% of the New Maine population
- 0.0% of houses and apartments in New Maine, 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.