Svea, MN has a median housing value of $68,800, which is a lot lower than the US median housing value of $338,100. Despite this large gap in pricing, Svea has seen a higher house appreciation rate over the last year at 9.54%, compared to the national average of 8.27%. This suggests that there are great opportunities for both first-time home buyers and investors alike in Svea.
The median home cost in Svea is $68,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Svea is up 14.7%.
Average Age of Homes
- The median age of Svea real estate is 52 years old
The Rental Market in Svea
- Renters make up 0.0% of the Svea population
- 0.0% of houses and apartments in Svea, 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.