Sanborn, MN is an attractive place to live due to its relatively low housing median value compared to the US overall. In Sanborn, the median house value is $61,200 which is significantly lower than the US median of $338,100. Additionally, Sanborn has also experienced a higher appreciation rate over the last year with 11.33%, which is greater than the overall US appreciation rate of 8.27%. This shows that Sanborn offers quality housing at a much lower cost and with good potential for growth in investment.
The median home cost in Sanborn is $61,200. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Sanborn is up 11.6%.
Average Age of Homes
- The median age of Sanborn real estate is 72 years old
The Rental Market in Sanborn
- Renters make up 11.2% of the Sanborn population
- 0.0% of houses and apartments in Sanborn, 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.