Lake of the Woods, MN County has a median housing value of $181,600, which is significantly lower than the US House Median Value of $338,100. In the past year, house appreciation in this county has been strong at 9.55%, slightly higher than the US average of 8.27%. It's an attractive option for those looking to enter the housing market at a reasonable price point and with potential for positive growth.
The median home cost in Lake of the Woods County is $181,600. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Lake of the Woods County is up 19.7%.
Average Age of Homes
- The median age of Lake of the Woods County real estate is 34 years old
The Rental Market in Lake of the Woods County
- Renters make up 6.0% of the Lake of the Woods County population
- 0.3% of houses and apartments in Lake of the Woods 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.