Port Hope, MN is a great place to purchase a house. The median value of housing in the area is $344,700, which is slightly higher than the US median value of $338,100. Furthermore, Port Hope has experienced an impressive 15.27% appreciation rate over the past year whereas the US average for this same period was 8.27%. This indicates that there is a strong demand for housing in Port Hope and that now might be a great time to invest in property here.
The median home cost in Port Hope is $344,700. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Port Hope is up 19.7%.
Average Age of Homes
- The median age of Port Hope real estate is 29 years old
The Rental Market in Port Hope
- Renters make up 8.6% of the Port Hope population
- 0.0% of houses and apartments in Port Hope, 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.