Housing in Perham township, MN is a hot commodity. The median value of homes in the area is $437,200, which is significantly higher than the US House Median Value of $338,100. This shows that real estate in the area has appreciated significantly over the past year by 8.21%, slightly lower than the national average of 8.27%. Homeowners and potential buyers have seen great returns on their investment in this area and it looks to remain a desirable place to live for years to come.
The median home cost in Perham township is $437,200. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Perham township is up 13.6%.
Average Age of Homes
- The median age of Perham township real estate is 27 years old
The Rental Market in Perham township
- Renters make up 9.0% of the Perham township population
- 1.2% of houses and apartments in Perham township, 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.