The housing market in Winthrop, MN is quite strong and attractive for potential homebuyers. The city’s median house value is $195,900, which is significantly lower than the US median house value of $338,100. Although the appreciation rate of Winthrop houses over the past year has been slightly below the national average at 6.82%, it still represents a healthy increase in value that would be beneficial for those investing in real estate. With its comparatively low cost and attractive appreciation rate, Winthrop is a great place to consider when searching for a new home.
The median home cost in Winthrop is $195,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Winthrop is up 11.0%.
Average Age of Homes
- The median age of Winthrop real estate is 64 years old
The Rental Market in Winthrop
- Renters make up 26.6% of the Winthrop population
- 1.6% of houses and apartments in Winthrop, 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.