Cormant, MN Housing

Cormant, MN is a booming housing market. The median value of a home in Cormant is $243,300, which is lower than the US median value of $338,100. However, the 1 year appreciation for houses in Cormant is 15.27%, which is substantially higher than the US rate of 8.27%. This demonstrates that Cormant’s housing market is growing rapidly and values are increasing at an accelerated rate.

The median home cost in Cormant is $243,300. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Cormant is up 19.7%.

Average Age of Homes

- The median age of Cormant real estate is 42 years old

The Rental Market in Cormant

- Renters make up 2.2% of the Cormant population
- 0.0% of houses and apartments in Cormant, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cormant, Minnesota	United States
	77.0	139,647,020.0
	45	42
	$243,300	$338,100
	19.7%	16.6%
	58.3%	57.0%
	68.4%	101.1%
	$10.53	$10.98
	$1,283	$2,690
	68.8%	57.4%
	19.5%	11.2%
	11.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	19.5%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	3.8%	2.4%
	1.9%	2.8%
	5.7%	3.9%
	1.9%	4.5%
	20.8%	11.3%
	17.0%	13.0%
	28.3%	20.1%
	5.7%	13.6%
	7.5%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	3.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.7%	13.6%
	11.7%	13.6%
	13.0%	13.6%
	6.5%	13.2%
	7.8%	14.8%
	13.0%	13.6%
	5.2%	10.0%
	20.8%	4.7%
	7.8%	12.2%

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