Paddock, MN is a great area for real estate investment. According to the data, the housing median value in Paddock, MN is $284,200; this is significantly less than the US house median value of $338,100. Despite this disparity in values, the one year house appreciation in Paddock is 12.29%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that investments in real estate in Paddock will be rewarded with excellent returns over the coming year. Therefore, Paddock is an ideal location for those looking to get involved in the real estate market.
The median home cost in Paddock is $284,200. Home appreciation the last 10 years has been 86.9%. Home Appreciation in Paddock is up 20.3%.
Average Age of Homes
- The median age of Paddock real estate is 38 years old
The Rental Market in Paddock
- Renters make up 7.0% of the Paddock population
- 0.0% of houses and apartments in Paddock, 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.