Walnut Lake, MN has an impressive housing market with a median home value of $298,000. This is substantially lower than the national median house value of $338,100. Additionally, the 1 year appreciation rate for Walnut Lake homes is 11.33%, which is higher than the US average of 8.27%. This indicates that Walnut Lake has a thriving housing market in terms of both price and growth potential. Homeowners in the area can be sure that they are making a wise investment when purchasing or selling a home in Walnut Lake.
The median home cost in Walnut Lake is $298,000. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Walnut Lake is up 11.6%.
Average Age of Homes
- The median age of Walnut Lake real estate is 78 years old
The Rental Market in Walnut Lake
- Renters make up 7.1% of the Walnut Lake population
- 0.0% of houses and apartments in Walnut Lake, 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.