Mahnomen, MN County has a median home value of $131,000, which is significantly lower than the US median home value of $338,100. Despite this difference in price point, the one year appreciation rate for homes in Mahnomen is 14.50%, much higher than the national average of 8.27%. This suggests that Mahnomen is an increasingly desirable place to purchase a house in terms of investment potential. With an affordable median price while still offering high returns on investment, Mahnomen seems like a great place for potential homeowners to consider.
The median home cost in Mahnomen County is $131,000. Home appreciation the last 10 years has been 72.5%. Home Appreciation in Mahnomen County is up 14.4%.
Average Age of Homes
- The median age of Mahnomen County real estate is 44 years old
The Rental Market in Mahnomen County
- Renters make up 19.9% of the Mahnomen County population
- 0.7% of houses and apartments in Mahnomen 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.