The housing market in River, MN is performing above the national average. The median value of homes in River, MN is $162,400, which is about half of the US median value of $338,100. While the national house appreciation rate for the last year was 8.27%, in River it was 9.54%. This indicates that River's housing market has been growing faster than the national average over the past year and appears to be a good investment for those looking to buy or sell their home.
The median home cost in River is $162,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in River is up 14.7%.
Average Age of Homes
- The median age of River real estate is 61 years old
The Rental Market in River
- Renters make up 2.8% of the River population
- 0.0% of houses and apartments in River, 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.