The housing market in Soudan, MN is a great option for those looking to purchase a home. The median house value for the area is $95,800, making it much lower than the US median of $338,100. Additionally, the 1 year house appreciation rate in Soudan is 13.08%, which is higher than the US rate of 8.27%. This means that the value of homes in this area are increasing at a greater rate than most other parts of the nation. For those considering purchasing a house in Soudan, MN they can be sure that their investment has potential to increase significantly over time.
The median home cost in Soudan is $95,800. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Soudan is up 13.2%.
Average Age of Homes
- The median age of Soudan real estate is 70 years old
The Rental Market in Soudan
- Renters make up 7.5% of the Soudan population
- 0.0% of houses and apartments in Soudan, 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.