Redwood Falls township, MN is an ideal place to purchase or rent a home due to its relatively high housing median value of $254,800. This figure is significantly lower than the US housing median value of $338,100, making it an attractive option for potential buyers. The 1 year house appreciation rate in Redwood Falls township is 13.39%, which is higher than the US average of 8.27%. This suggests that homes in Redwood Falls township are a good investment as they have a strong potential for further increases in value over time.
The median home cost in Redwood Falls township is $254,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Redwood Falls township is up 12.6%.
Average Age of Homes
- The median age of Redwood Falls township real estate is 78 years old
The Rental Market in Redwood Falls township
- Renters make up 15.5% of the Redwood Falls township population
- 4.5% of houses and apartments in Redwood Falls township, 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.