Platte Lake, MN has a median housing value of $273,500, which is lower than the U.S. median housing value of $338,100. However, the one-year house appreciation in Platte Lake is 11.06%, higher than the national average of 8.27%. This indicates that Platte Lake is becoming a more desirable place to live and invest in real estate. As such, it presents an attractive opportunity for those looking to purchase a home in this area.
The median home cost in Platte Lake is $273,500. Home appreciation the last 10 years has been 84.5%. Home Appreciation in Platte Lake is up 18.5%.
Average Age of Homes
- The median age of Platte Lake real estate is 27 years old
The Rental Market in Platte Lake
- Renters make up 4.7% of the Platte Lake population
- 0.0% of houses and apartments in Platte Lake, 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.