The housing market in Newry, MN is currently doing well, with the median value being $314,700 which is slightly lower than the US House Median Value of $338,100. Over the past year, both the US and Newry have seen a healthy appreciation rate of over 8%, with Newry's at 7.88%. Despite a slight difference in appreciation rate between the two, it still shows positive growth for both. With low mortgage rates and positive appreciation rates in the area, now is a great time to buy or invest in real estate in the Newry area.
The median home cost in Newry is $314,700. Home appreciation the last 10 years has been 76.4%. Home Appreciation in Newry is up 11.4%.
Average Age of Homes
- The median age of Newry real estate is 64 years old
The Rental Market in Newry
- Renters make up 10.3% of the Newry population
- 0.0% of houses and apartments in Newry, 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.