The housing market in Poplar, MN is quite strong compared to the rest of the U.S. The median value of a house in Poplar is $164,100, which is much lower than the US median value of $338,100. However, the 1 year house appreciation rate for Poplar is 12.38%, whereas the national rate is 8.27%. This suggests that investing in real estate in Poplar, MN could be a good idea as houses are likely to appreciate in value at a faster rate than other parts of the country. Furthermore, despite having slightly higher home values than some other cities and towns nearby, Poplar still offers great value for money for those looking to buy or invest in property.
The median home cost in Poplar is $164,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Poplar is up 20.4%.
Average Age of Homes
- The median age of Poplar real estate is 39 years old
The Rental Market in Poplar
- Renters make up 6.1% of the Poplar population
- 0.0% of houses and apartments in Poplar, 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.