Red Lake County, MN Housing

Red Lake, MN County has an impressive median value of $155,200 for housing, significantly lower than the US average of $338,100. This offers buyers a great opportunity to purchase a home at a more affordable price. Additionally, Red Lake County also experiences higher house appreciation than the national average over the course of one year, with an impressive 11.33% rate compared to 8.27%. This means that those who purchase a home in Red Lake county can expect their investment to quickly appreciate in value in just 12 months.

The median home cost in Red Lake County is $155,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Red Lake County is up 14.7%.

Average Age of Homes

- The median age of Red Lake County real estate is 46 years old

The Rental Market in Red Lake County

- Renters make up 16.6% of the Red Lake County population
- 1.4% of houses and apartments in Red Lake 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Red Lake, Minnesota	United States
	1,881.0	139,647,020.0
	53	42
	$155,200	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$10.84	$10.98
	$1,349	$2,690
	72.0%	57.4%
	12.2%	11.2%
	15.8%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	3.3%	3.6%
	6.3%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	4.9%	2.4%
	8.3%	2.8%
	9.2%	3.9%
	10.4%	4.5%
	19.2%	11.3%
	20.1%	13.0%
	14.0%	20.1%
	5.7%	13.6%
	1.9%	8.3%
	0.9%	9.7%
	0.6%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	9.9%	13.6%
	6.6%	13.2%
	18.0%	14.8%
	9.9%	13.6%
	6.4%	10.0%
	6.7%	4.7%
	29.7%	12.2%

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