The housing market in Thomastown, MN is experiencing strong growth. The median house value is $274,100, which is lower than the US median of $338,100. However, the one-year appreciation rate for houses in Thomastown, MN is 12.38%, which is significantly higher than the national average of 8.27%. This demonstrates that the local housing market is performing well and could be a good investment opportunity for potential buyers.
The median home cost in Thomastown is $274,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Thomastown is up 20.4%.
Average Age of Homes
- The median age of Thomastown real estate is 38 years old
The Rental Market in Thomastown
- Renters make up 2.5% of the Thomastown population
- 0.0% of houses and apartments in Thomastown, 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.