Salo, MN is a great place to live with a median housing value of $197,000. This is significantly lower than the US median value of $338,100. Although the US median house appreciation rate stands at 8.27%, Salo has seen an even higher rate of house appreciation at 13.08% over the past year. The low housing values accompanied by high appreciation rates make Salo a desirable place for buying or investing in property.
The median home cost in Salo is $197,000. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Salo is up 13.2%.
Average Age of Homes
- The median age of Salo real estate is 32 years old
The Rental Market in Salo
- Renters make up 10.1% of the Salo population
- 0.0% of houses and apartments in Salo, 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.