New York Mills, MN Housing

The housing in New York Mills, MN is very affordable compared to the national average. The median value of a house in New York Mills is 218,400 which is significantly lower than the US House Median Value of 338,100. Despite this difference, the appreciation rate for housing in New York Mills over the past year closely matches the US appreciation rate at 8.21%. This suggests that New York Mills offers an attractive market for potential homeowners and investors alike.

The median home cost in New York Mills is $218,400. Home appreciation the last 10 years has been 73.1%. Home Appreciation in New York Mills is up 13.6%.

Average Age of Homes

- The median age of New York Mills real estate is 45 years old

The Rental Market in New York Mills

- Renters make up 42.6% of the New York Mills population
- 0.8% of houses and apartments in New York Mills, 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	New York Mills, Minnesota	United States
	608.0	139,647,020.0
	46	42
	$218,400	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$8.20	$10.98
	$1,427	$2,690
	52.3%	57.4%
	10.2%	11.2%
	37.5%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.6%	0.4%
	2.3%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	3.8%	2.4%
	4.7%	2.8%
	13.5%	3.9%
	19.2%	4.5%
	22.0%	11.3%
	19.8%	13.0%
	11.3%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	2.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	11.8%	13.6%
	16.0%	13.2%
	20.4%	14.8%
	11.8%	13.6%
	7.4%	10.0%
	5.6%	4.7%
	22.2%	12.2%

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