The housing market in Freeborn, MN County has been steadily increasing over the past year. The median value of homes in Freeborn County is currently $158,100, which is considerably lower than the US median value of $338,100. Despite this discrepancy, the appreciation rate for homes in Freeborn County is still fairly high at 6.66%, slightly lower than the US average of 8.27%. This indicates that while there may be less expensive options available on the market in Freeborn County, there is still a strong demand for housing there and prices have kept up with standards set by neighboring areas.
The median home cost in Freeborn County is $158,100. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Freeborn County is up 11.6%.
Average Age of Homes
- The median age of Freeborn County real estate is 59 years old
The Rental Market in Freeborn County
- Renters make up 22.1% of the Freeborn County population
- 0.8% of houses and apartments in Freeborn 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.