The housing market in Sedan, MN is relatively affordable compared to the rest of the United States. The median value for a home in Sedan is currently $95,700, compared to the US median of $338,100. Over the last year, house appreciation in Sedan has been 7.75%, slightly lower than the US average of 8.27%. This indicates that overall, home values around Sedan have increased at a slower rate than other parts of the country. Nonetheless, a combination of affordability and steady annual appreciation make it an attractive place to invest for those looking to buy or sell property in the area.
The median home cost in Sedan is $95,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Sedan is up 13.6%.
Average Age of Homes
- The median age of Sedan real estate is 55 years old
The Rental Market in Sedan
- Renters make up 0.0% of the Sedan population
- 0.0% of houses and apartments in Sedan, 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.