The housing market in Wealthwood, MN is doing very well. The median value of homes in this area is currently $303,400, which is significantly lower than the US median house value of $338,100. In addition to the lower cost of housing in Wealthwood, the one year house appreciation rate has been 12.38%, which is higher than the national appreciation rate of 8.27%. This demonstrates that it is a great time to invest in property in Wealthwood and shows why it has become an increasingly popular place to live in recent years.
The median home cost in Wealthwood is $303,400. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Wealthwood is up 20.4%.
Average Age of Homes
- The median age of Wealthwood real estate is 41 years old
The Rental Market in Wealthwood
- Renters make up 0.7% of the Wealthwood population
- 0.0% of houses and apartments in Wealthwood, 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.