Sumner, MN is a great place for anyone looking to invest in housing. The median value of a house in Sumner is $465,600 which is higher than the US median value of $338,100. In the past year, the appreciation rate of houses in Sumner was 6.78%, which is slightly lower than the national average of 8.27%. This makes Sumner an attractive destination for those who want to invest in housing due to its higher median value and more moderate appreciation rate.
The median home cost in Sumner is $465,600. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Sumner is up 11.4%.
Average Age of Homes
- The median age of Sumner real estate is 41 years old
The Rental Market in Sumner
- Renters make up 3.2% of the Sumner population
- 0.0% of houses and apartments in Sumner, 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.