Waite Park, MN is a great place to call home as the median housing value is $216,700 which is much lower than the US median housing value of $338,100. Although the appreciation rate for homes in Waite Park is lower than that of the US overall (7.75% compared to 8.27%), it is still a good investment to buy in this area. With its close proximity to major cities as well as its unique small-town charm, Waite Park provides the perfect balance between accessibility and quaintness.
The median home cost in Waite Park is $216,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Waite Park is up 13.6%.
Average Age of Homes
- The median age of Waite Park real estate is 31 years old
The Rental Market in Waite Park
- Renters make up 52.8% of the Waite Park population
- 1.0% of houses and apartments in Waite Park, 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.