Vergas, MN is a great place to invest in housing. The median value of housing in the area is $368,600, which is higher than the US house median value of $338,100. This indicates that there is potential for growth in the Vergas area. Furthermore, the 1 year house appreciation rate both in Vergas and across the United States is 8.21% and 8.27%, respectively. This shows that investing in real estate now could be a great way to increase one's portfolio over time.
The median home cost in Vergas is $368,600. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Vergas is up 13.6%.
Average Age of Homes
- The median age of Vergas real estate is 44 years old
The Rental Market in Vergas
- Renters make up 24.9% of the Vergas population
- 0.5% of houses and apartments in Vergas, 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.