The housing market in Wabasha, MN is moderately strong. The median value of houses in the area currently sits at $229,000, which is significantly lower than the national median value of $338,100. Over the past year, house appreciation has been 6.78%, which is slightly lower than the national average of 8.27%. Despite this slight difference in appreciation rate, the housing market in Wabasha remains stable and provides those looking to purchase a home with many options for their budget.
The median home cost in Wabasha is $229,000. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Wabasha is up 11.4%.
Average Age of Homes
- The median age of Wabasha real estate is 49 years old
The Rental Market in Wabasha
- Renters make up 28.1% of the Wabasha population
- 0.9% of houses and apartments in Wabasha, 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.