Raymond, MN is an attractive location for homeowners due to its relatively low median house value of $181,200 compared to the US median of $338,100. In addition, Raymond has seen an impressive 13.39% appreciation in housing value over the last year as compared to the national average of 8.27%. This makes Raymond a great place to invest in real estate due to its affordability and potential for high returns.
The median home cost in Raymond is $181,200. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Raymond is up 12.6%.
Average Age of Homes
- The median age of Raymond real estate is 54 years old
The Rental Market in Raymond
- Renters make up 17.3% of the Raymond population
- 1.7% of houses and apartments in Raymond, 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.