Riverton, MN has a median housing value of $116,000, which is significantly lower than the U.S. median housing value of $338,100. However, Riverton has experienced a greater appreciation in housing values over the past year with an increase of 12.38%, compared to the national average of 8.27%. This indicates that Riverton is an attractive market for those looking to invest in real estate or purchase a home at a reasonable price and still expect to see an increase in value over time.
The median home cost in Riverton is $116,000. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Riverton is up 20.4%.
Average Age of Homes
- The median age of Riverton real estate is 52 years old
The Rental Market in Riverton
- Renters make up 7.9% of the Riverton population
- 0.0% of houses and apartments in Riverton, 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.