The housing market in Chippewa, MN County is an attractive option for homebuyers due to its relatively lower median value of $178,500 compared to the US House Median Value of $338,100. Despite a slower appreciation rate than the US rate at 6.66%, Chippewa County has still experienced positive growth of 1 year House Appreciation at 8.27%. This makes it a great location for potential homeowners who are looking for an affordable place to live without sacrificing the benefits of a strong housing market.
The median home cost in Chippewa County is $178,500. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Chippewa County is up 12.6%.
Average Age of Homes
- The median age of Chippewa County real estate is 58 years old
The Rental Market in Chippewa County
- Renters make up 24.3% of the Chippewa County population
- 0.3% of houses and apartments in Chippewa County, 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.