The housing market in Two Harbors, MN is booming! The median value of a house is currently $254,500, significantly lower than the US median value of $338,100. However, this difference in price is offset by the higher appreciation rate of 12.16% over the last year compared to 8.27% nationally. This means that homes in Two Harbors have increased in value more quickly than houses across the US during that same time frame. It appears to be an ideal place for potential home buyers looking for affordability and increased potential for investment returns.
The median home cost in Two Harbors is $254,500. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Two Harbors is up 13.9%.
Average Age of Homes
- The median age of Two Harbors real estate is 72 years old
The Rental Market in Two Harbors
- Renters make up 31.0% of the Two Harbors population
- 1.5% of houses and apartments in Two Harbors, 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.