The housing market in Newburg, MN is slightly below the national median value at $308,000. The US House Median Value is $338,100 and the 1 year House Appreciation rate is 8.27%. Although the appreciation rate in Newburg, MN is lower than the national average at 6.78%, it still remains a strong and stable market for homeowners and investors alike. With careful research and strategic timing, anyone looking to invest or own property in Newburg can benefit from the current market conditions.
The median home cost in Newburg is $308,000. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Newburg is up 11.4%.
Average Age of Homes
- The median age of Newburg real estate is 47 years old
The Rental Market in Newburg
- Renters make up 10.2% of the Newburg population
- 0.0% of houses and apartments in Newburg, 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.