The housing market in Three Lakes, MN is quite strong as the median value of a home is $188,700 compared to the US median value of $338,100. Furthermore, the 1 year appreciation rate for homes in Three Lakes, MN is much higher than the national average at 13.39%. This means that buyers and sellers can get a good return on their investment when it comes to houses in Three Lakes. With steady growth in the housing market and property values rising steadily, it's no wonder why the popularity of Three Lakes continues to grow.
The median home cost in Three Lakes is $188,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Three Lakes is up 12.6%.
Average Age of Homes
- The median age of Three Lakes real estate is 78 years old
The Rental Market in Three Lakes
- Renters make up 1.7% of the Three Lakes population
- 0.0% of houses and apartments in Three Lakes, 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.