The housing market in Smoky Hollow, MN is strong with a median value of $197,400, which is significantly lower than the national median house value of $338,100. The 1 year appreciation rate for houses in Smoky Hollow is also higher than the national average at 13.76%, compared to 8.27%. This indicates that the housing market in Smoky Hollow has been performing well over the last year and is expected to continue its positive trend. Home prices in Smoky Hollow are relatively affordable compared to the national average, making it an attractive option for potential home buyers looking for an investment opportunity or a place to call home.
The median home cost in Smoky Hollow is $197,400. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Smoky Hollow is up 15.2%.
Average Age of Homes
- The median age of Smoky Hollow real estate is 43 years old
The Rental Market in Smoky Hollow
- Renters make up 0.8% of the Smoky Hollow population
- 0.0% of houses and apartments in Smoky Hollow, 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.