North Branch, MN is a great place to live with its housing median value of $306,500. When compared to the US median value of $338,100, North Branch residents are able to purchase homes at a slightly lower price. In addition, the one-year house appreciation rate in North Branch is 6.66%, slightly lower than the US average rate of 8.27%. With its affordable housing and reasonable appreciation rates, North Branch offers many benefits for those looking to buy or rent a home.
The median home cost in North Branch is $306,500. Home appreciation the last 10 years has been 94.0%. Home Appreciation in North Branch is up 12.2%.
Average Age of Homes
- The median age of North Branch real estate is 24 years old
The Rental Market in North Branch
- Renters make up 19.2% of the North Branch population
- 0.0% of houses and apartments in North Branch, 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.