Redby, MN has an impressive housing median value of $96,400. This value is significantly lower than the US house median value of $338,100. The US has seen a 1 year house appreciation of 8.27%, but Redby is doing even better with 15.27%. This means that the housing market in Redby is appreciating at a much faster rate than nationally, making it a great place for those interested in purchasing a home.
The median home cost in Redby is $96,400. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Redby is up 19.7%.
Average Age of Homes
- The median age of Redby real estate is 33 years old
The Rental Market in Redby
- Renters make up 41.1% of the Redby population
- 2.4% of houses and apartments in Redby, 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.