South Fork, MN is an attractive place to buy a home, with its housing median value coming in at $292,900. This is far below the US house median value of $338,100 but homeowners can still experience a good return on their investments as the house appreciation rate over the last year was 7.75% which is slightly lower than the US 1 year house appreciation rate of 8.27%. With these conditions and price point South Fork is an excellent choice for those looking to purchase a home or invest in real estate.
The median home cost in South Fork is $292,900. Home appreciation the last 10 years has been 77.8%. Home Appreciation in South Fork is up 13.6%.
Average Age of Homes
- The median age of South Fork real estate is 25 years old
The Rental Market in South Fork
- Renters make up 5.3% of the South Fork population
- 0.0% of houses and apartments in South Fork, 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.