The housing in Brainerd, MN Metro Area is a great investment for anyone looking to purchase a home. The median value of homes in this area is currently $303,000 which is lower than the US median house value of $338,100. This makes it an attractive option for those looking to get more bang for their buck. Additionally, the 1 year house appreciation rate in this area is 9.12%, higher than the national average of 8.27%. This means that your investment in housing will likely increase in value over time which makes it a great long-term investment opportunity.
The median home cost in Brainerd Metro Area is $303,000. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Brainerd Metro Area is up 20.3%.
Average Age of Homes
- The median age of Brainerd Metro Area real estate is 33 years old
The Rental Market in Brainerd Metro Area
- Renters make up 14.0% of the Brainerd Metro Area population
- 0.4% of houses and apartments in Brainerd Metro Area, 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.