The housing market in Vernon Center, MN is thriving, with the median value of houses currently at $210,700. This is significantly lower than the US House Median Value of $338,100. Furthermore, house values have increased in Vernon Center by 11.33%, higher than the national 1 year appreciation rate of 8.27%. This suggests that Vernon Center is a great place to invest in real estate and part of an expanding housing market.
The median home cost in Vernon Center is $210,700. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Vernon Center is up 11.6%.
Average Age of Homes
- The median age of Vernon Center real estate is 76 years old
The Rental Market in Vernon Center
- Renters make up 11.7% of the Vernon Center population
- 0.0% of houses and apartments in Vernon Center, 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.