Housing in Trail, MN is quite impressive compared to the national average. The median value of homes in Trail, MN is $194,200, which is much lower than the US House Median Value of $338,100. However, the US 1 year House Appreciation rate is 8.27%, while the house 1 year appreciation in Trail, MN is 15.27%. This suggests that housing in Trail, MN has seen more growth than houses across the United States over the last year alone. Therefore, it’s a great time to consider buying a house or investing in real estate in Trail, MN.
The median home cost in Trail is $194,200. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Trail is up 19.7%.
Average Age of Homes
- The median age of Trail real estate is 44 years old
The Rental Market in Trail
- Renters make up 31.9% of the Trail population
- 0.0% of houses and apartments in Trail, 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.