The housing market in St. Leo, MN is thriving, with the median value of houses at $155,700. This is significantly lower than the US national median housing value of $338,100. Furthermore, the 1 year house appreciation rate in St. Leo was 13.39%, more than 5 percentage points higher than the US national appreciation rate of 8.27%. This indicates that St. Leo's housing market is a great investment opportunity for potential buyers who are looking to gain equity quickly in their homes.
The median home cost in St. Leo is $155,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in St. Leo is up 12.6%.
Average Age of Homes
- The median age of St. Leo real estate is 46 years old
The Rental Market in St. Leo
- Renters make up 24.6% of the St. Leo population
- 4.4% of houses and apartments in St. Leo, 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.