The housing market in Spicer, MN is currently doing very well compared to the US average. Median house value in Spicer is $334,800 which is slightly lower than the US median of $338,100. However, the one year appreciation rate of 13.39% in Spicer is much higher than the 8.27% appreciation rate for houses nationally. This indicates that there is a lot of potential for investment and growth in real estate in Spicer, Minnesota.
The median home cost in Spicer is $334,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Spicer is up 12.6%.
Average Age of Homes
- The median age of Spicer real estate is 38 years old
The Rental Market in Spicer
- Renters make up 26.2% of the Spicer population
- 0.0% of houses and apartments in Spicer, 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.