Pike Bay, MN is a great place to purchase a home. The median value of housing in Pike Bay is $116,400, which is significantly lower than the US median of $338,100. What's more, the one-year appreciation rate for homes in Pike Bay is 15.27%, which is much higher than the US average of 8.27%. This makes Pike Bay an ideal location for potential homeowners looking to maximize their investments in real estate.
The median home cost in Pike Bay is $116,400. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Pike Bay is up 19.7%.
Average Age of Homes
- The median age of Pike Bay real estate is 38 years old
The Rental Market in Pike Bay
- Renters make up 25.0% of the Pike Bay population
- 0.4% of houses and apartments in Pike Bay, 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.