Quamba, MN is a small town located in Minnesota that is known for its rural charm and close-knit community. The median value of housing in Quamba is $125,500, significantly lower than the median US house value of $338,100. Despite this difference in price point, the appreciation rate of housing in Quamba over the past year has been impressive at 6.66%, which is only slightly below the appreciation rate of 8.27% for the entire US. This shows that although Quamba may not be as expensive as other areas, it still provides a great value when it comes to buying or selling property.
The median home cost in Quamba is $125,500. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Quamba is up 12.2%.
Average Age of Homes
- The median age of Quamba real estate is 75 years old
The Rental Market in Quamba
- Renters make up 28.8% of the Quamba population
- 8.3% of houses and apartments in Quamba, 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.