The housing market in Stanford, MN is quite strong, with the median value of homes currently sitting at $428,300. This is significantly higher than the US median value of $338,100. However, while the US housing market has appreciated 8.27% over the past year, Stanford's appreciation rate is slightly lower at 6.69%. Thus, it seems that the housing market in Stanford is still robust but perhaps not reaching quite the same levels as other areas in terms of price increases.
The median home cost in Stanford is $428,300. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Stanford is up 11.9%.
Average Age of Homes
- The median age of Stanford real estate is 29 years old
The Rental Market in Stanford
- Renters make up 2.9% of the Stanford population
- 0.0% of houses and apartments in Stanford, 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.