The housing market in Reine, MN is flourishing and outpacing the US on a year-over-year basis. The median value of a home in Reine currently rests at $112,100 which is significantly lower than the national median value of $338,100. This discrepancy creates an attractive buying opportunity for those looking to move to or invest in the area as it has seen an appreciation rate of 9.54% over the past year compared to the national average of 8.27%. With its combination of affordability and strong growth potential, Reine provides an ideal environment for those looking to purchase a new home or invest in real estate.
The median home cost in Reine is $112,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Reine is up 14.7%.
Average Age of Homes
- The median age of Reine real estate is 35 years old
The Rental Market in Reine
- Renters make up 5.0% of the Reine population
- 0.0% of houses and apartments in Reine, 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.