The housing market in Polk Centre, MN is thriving with the median value being $326,200, slightly lower than the US House Median Value of $338,100. This is indicative of an increase in value over the past year with a house appreciation rate of 9.54%, significantly higher than the US 1 year House Appreciation rate of 8.27%. The increased value is likely due to increased demand for housing in the area as people move to this vibrant neighborhood and enjoy its convenient location and access to wonderful amenities.
The median home cost in Polk Centre is $326,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Polk Centre is up 14.7%.
Average Age of Homes
- The median age of Polk Centre real estate is 16 years old
The Rental Market in Polk Centre
- Renters make up 4.2% of the Polk Centre population
- 0.0% of houses and apartments in Polk Centre, 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.