The housing market in Waterville, MN is thriving. The median value of a house in Waterville is $273,700 which is significantly lower than the US House median value of $338,100. Furthermore, the 1 year appreciation rate for houses in Waterville is 11.33%, higher than the national average of 8.27%. This indicates that house values are increasing at a faster rate than the average across the United States and makes Waterville an attractive option for potential buyers.
The median home cost in Waterville is $273,700. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Waterville is up 11.6%.
Average Age of Homes
- The median age of Waterville real estate is 61 years old
The Rental Market in Waterville
- Renters make up 21.7% of the Waterville population
- 1.0% of houses and apartments in Waterville, 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.