Housing in Wadena, MN is an attractive option for those looking to purchase or invest in a home. The median value of homes in the area is $169,200, which is significantly lower than the US median value of $338,100. This makes Wadena an attractive location for those looking to invest in property at a lower price point. Additionally, house appreciation over the past year has been higher in Wadena than the rest of the country at 12.38%, compared to 8.27% across the US. This means that housing prices are growing faster than average and could be a good investment opportunity in Wadena for potential buyers and investors.
The median home cost in Wadena is $169,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Wadena is up 20.4%.
Average Age of Homes
- The median age of Wadena real estate is 52 years old
The Rental Market in Wadena
- Renters make up 38.8% of the Wadena population
- 8.1% of houses and apartments in Wadena, 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.