The housing market in 56623 Baudette, MN is on the rise. The median value of housing in this area is $183,100, which is significantly lower than the US median value of $338,100. However, the average appreciation rate for houses in this area over the past year has been 15.27%, much higher than the 8.27% national average. This indicates that there is a strong demand for housing in this area and that prices are likely to continue to rise in the future as more people move here. Therefore, if you're looking for an investment opportunity or are interested in buying a new home, now may be an ideal time to do so in 56623 Baudette, MN.
The median home cost in Baudette (zip 56623) is $183,100. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Baudette (zip 56623) is up 19.7%.
Average Age of Homes
- The median age of Baudette (zip 56623) real estate is 33 years old
The Rental Market in Baudette (zip 56623)
- Renters make up 9.9% of the Baudette (zip 56623) population
- 0.5% of houses and apartments in Baudette (zip 56623), 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.