St. Paul, MN is a great place to live with an affordable median housing value of $268,200 compared to the United States median value of $338,100. While the US has experienced a 1 year house appreciation of 8.27%, St. Paul has seen a slightly lower appreciation of 4.70%. This still indicates that housing prices are on the rise in St. Paul and could be a great opportunity for home buyers looking for a good investment in this area.
The median home cost in St. Paul is $268,200. Home appreciation the last 10 years has been 85.8%. Home Appreciation in St. Paul is up 9.2%.
Average Age of Homes
- The median age of St. Paul real estate is 67 years old
The Rental Market in St. Paul
- Renters make up 47.3% of the St. Paul population
- 2.9% of houses and apartments in St. Paul, 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.