The housing market in Plainview, MN is a great investment opportunity. The median value of homes in Plainview is $245,700, which is significantly lower than the US median of $338,100. Over the past year, the US house appreciation rate has been 8.27%, whereas the housing appreciation rate in Plainview is 6.78%. This suggests that investing in Plainview real estate could result in a profitable return over time. Furthermore, with a comparatively low median housing value and healthy appreciation rate, Plainview presents an attractive option for potential homeowners seeking to purchase property at a reasonable price.
The median home cost in Plainview is $245,700. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Plainview is up 11.4%.
Average Age of Homes
- The median age of Plainview real estate is 45 years old
The Rental Market in Plainview
- Renters make up 13.3% of the Plainview population
- 0.0% of houses and apartments in Plainview, 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.