Trondhjem, MN is a great place to purchase a home. The median value of a house in the area is $295,500, which is lower than the US median value of $338,100. Furthermore, the appreciation rate for homes in Trondhjem over the past year has been 8.21%, just slightly lower than the US 1 year appreciation rate of 8.27%. This shows that real estate in this area is a solid investment and buyers should be confident in their purchase decisions here.
The median home cost in Trondhjem is $295,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Trondhjem is up 13.6%.
Average Age of Homes
- The median age of Trondhjem real estate is 43 years old
The Rental Market in Trondhjem
- Renters make up 7.6% of the Trondhjem population
- 6.7% of houses and apartments in Trondhjem, 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.