Minnesota Housing

72 Reviews

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Minnesota State has a median housing value of $309,500 which is slightly lower than the national median of $338,100. However, the one year appreciation rate for homes in Minnesota is only 4.88%, which is significantly lower than the 8.27% national appreciation rate. This indicates that home prices in Minnesota have not risen as quickly as those across the rest of the country, making it a great state for potential new homeowners who are looking for more affordable options.

The median home cost in Minnesota is $309,500. Home appreciation the last 10 years has been 84.5%. Home Appreciation in Minnesota is up 10.8%.

Average Age of Homes
- The median age of Minnesota real estate is 41 years old
The Rental Market in Minnesota
- Renters make up 25.0% of the Minnesota population
- 1.3% of houses and apartments in Minnesota, are available to rent

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

  HousingMinnesota, MinnesotaUnited States
  Vacant Housing
  Value of Owner-Occupied Housing
  Housing Units by Year Structure Built
Reviews for Minnesota
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My family and I have lived in Minnesota for just shy of 10 years. We came from a southern state, so we were a little used to more of a friendly type of atmosphere. We  More

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Over 2 years ago

I've lived in this city for 4 years and the people are as bitter and cold as the winters here. Have had most only bad experiences here, probably only a couple decent  More

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Its a great place -- lots to do, diverse population. Negatives are cold winters and high  More

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