Prairie Lake, MN has seen a steady rise in housing prices over the last year, with the median value of homes increasing by 13.08%. This is higher than the US House Median Value of $338,100 and even higher than the US 1 year House Appreciation of 8.27%. This increase in housing value has made Prairie Lake a desirable choice for potential home buyers, as they can benefit from the increased affordability of purchasing a home in a desirable location.
The median home cost in Prairie Lake is $236,400. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Prairie Lake is up 13.2%.
Average Age of Homes
- The median age of Prairie Lake real estate is 39 years old
The Rental Market in Prairie Lake
- Renters make up 0.0% of the Prairie Lake population
- 0.0% of houses and apartments in Prairie 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.