Housing in Regal, MN is relatively more affordable than the national median value, at $116,000 compared to $338,100. However, despite its affordability, the 1 year house appreciation rate in Regal has been slightly lower than the national average at 7.75% compared to 8.27%. This means that while the housing is more accessible for those with smaller budgets, potential homeowners should still be aware of the lower rate of return on their investment.
The median home cost in Regal is $116,000. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Regal is up 13.6%.
Average Age of Homes
- The median age of Regal real estate is 43 years old
The Rental Market in Regal
- Renters make up 19.0% of the Regal population
- 0.0% of houses and apartments in Regal, 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.