The housing market in North, MN is a vibrant and attractive one. The median value of homes is $245,600, which is significantly lower than the national median of $338,100. Despite this relatively low price point, the appreciation rate for homes in North has been even higher than the US average over the past year at 9.54%. This shows that North's housing market is thriving and provides strong prospects for prospective buyers and investors.
The median home cost in North is $245,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in North is up 14.7%.
Average Age of Homes
- The median age of North real estate is 40 years old
The Rental Market in North
- Renters make up 13.1% of the North population
- 2.0% of houses and apartments in North, 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.