The housing market in Steamboat River, MN is a desirable location for potential home buyers. The median value of homes in this area is slightly higher than the national median value at $337,400. Furthermore, the appreciation of homes in Steamboat River over the past year has been an impressive 12.38%, which is higher than the US 1 year appreciation rate of 8.27%. This shows that investment in real estate here offers strong prospects for long term gain.
The median home cost in Steamboat River is $337,400. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Steamboat River is up 20.4%.
Average Age of Homes
- The median age of Steamboat River real estate is 27 years old
The Rental Market in Steamboat River
- Renters make up 1.9% of the Steamboat River population
- 0.0% of houses and apartments in Steamboat River, 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.