Willmar, MN has an impressive median housing value of $206,000, which is significantly lower than the US house median value of $338,100. Over the past year, the US housing appreciation rate was 8.27%, but Willmar had an even higher rate of 13.39%. This suggests that there is a strong and growing market in Willmar for people interested in buying a home or investing in property. The low cost of housing combined with a high appreciation rate makes Willmar an attractive option for potential buyers who are looking for a place to settle down and invest.
The median home cost in Willmar is $206,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Willmar is up 12.6%.
Average Age of Homes
- The median age of Willmar real estate is 45 years old
The Rental Market in Willmar
- Renters make up 39.0% of the Willmar population
- 1.3% of houses and apartments in Willmar, 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.