The housing market in Urbank, MN is quite competitive with a median house value of $95,300. This is significantly lower than the US house median value of $338,100. In the past year, the appreciation rate for homes in Urbank was 8.03%, which is slightly lower than the national average of 8.27%. With a lower median value and appreciation rate, Urbank provides a great opportunity for potential home buyers to get their foot into the real estate market.
The median home cost in Urbank is $95,300. Home appreciation the last 10 years has been 74.9%. Home Appreciation in Urbank is up 13.6%.
Average Age of Homes
- The median age of Urbank real estate is 78 years old
The Rental Market in Urbank
- Renters make up 12.5% of the Urbank population
- 0.0% of houses and apartments in Urbank, 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.