Rockford, MN is an attractive place to live due to its relatively low housing median value of $320,100 compared to the US House Median Value of $338,100. Over the last year, the US House Appreciation rate was 8.27%, while in Rockford the appreciation rate was 6.82%. This makes it a great time for those looking to buy or invest in a house in Rockford as they can secure a home at a good price. It is also likely that their investment will appreciate over time as well.
The median home cost in Rockford is $320,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Rockford is up 11.0%.
Average Age of Homes
- The median age of Rockford real estate is 24 years old
The Rental Market in Rockford
- Renters make up 20.1% of the Rockford population
- 0.0% of houses and apartments in Rockford, 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.