Park, MN is a great place to invest in real estate. The median housing value in Park is $179,100, which is lower than the US median housing value of $338,100. However, the 1 year house appreciation rate for Park, MN is 13.08%, which is 5.81% higher than the US average annual appreciation rate of 8.27%. This reveals that housing prices are increasing quickly and steadily in Park and provides a positive outlook for potential buyers and investors in the area.
The median home cost in Park is $179,100. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Park is up 13.2%.
Average Age of Homes
- The median age of Park real estate is 41 years old
The Rental Market in Park
- Renters make up 3.1% of the Park population
- 0.0% of houses and apartments in Park, 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.