The housing market in Waconia, MN is doing relatively well compared to the US median house value. The median house value in Waconia is $418,800, which is significantly higher than the national median of $338,100. Although the one year house appreciation rate for Waconia is slightly lower than the national average at 6.82%, it remains a healthy number and indicates that housing prices in the area are steadily increasing. Overall, the housing market in Waconia looks encouraging and stable.
The median home cost in Waconia is $418,800. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Waconia is up 11.0%.
Average Age of Homes
- The median age of Waconia real estate is 19 years old
The Rental Market in Waconia
- Renters make up 18.2% of the Waconia population
- 0.5% of houses and apartments in Waconia, 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.