The housing market in Minnesota, SD is doing well, with the median value being $324,800. This is slightly lower than the US median house value of $338,100, but still greater than other states. The house appreciation rate in Minnesota has been incredibly strong at 14.06%, which is more than double the US average of 8.27%. This shows that investing in housing in Minnesota is likely to be a sound financial decision due to its impressive appreciation rate.
The median home cost in Minnesota is $324,800. Home appreciation the last 10 years has been 80.7%. Home Appreciation in Minnesota is up 16.5%.
Average Age of Homes
- The median age of Minnesota real estate is 78 years old
The Rental Market in Minnesota
- Renters make up 0.0% of the Minnesota population
- 0.0% of houses and apartments in Minnesota, 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.