Silverton, MN is a great place to invest in property. The median housing value in the area is $242,300, which is significantly lower than the US median of $338,100. In addition, the one year house appreciation rate in Silverton is 9.54%, which is higher than the national average of 8.27%. This means that investing in property in Silverton can be a smart move and an excellent way to make your money grow over time.
The median home cost in Silverton is $242,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Silverton is up 14.7%.
Average Age of Homes
- The median age of Silverton real estate is 44 years old
The Rental Market in Silverton
- Renters make up 23.1% of the Silverton population
- 0.0% of houses and apartments in Silverton, 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.