Olmsted, MN County is a great place to buy a home. The median value of housing in the county is $292,300, which is significantly lower than the US median value of $338,100. In addition to being more affordable, Olmsted's housing market has also seen strong appreciation over the last year, with an increase of 7.75%, just slightly below the US's 1 year appreciation rate of 8.27%. All these factors make Olmsted an attractive choice for home buyers looking for both affordability and good returns on their investments.
The median home cost in Olmsted County is $292,300. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Olmsted County is up 11.4%.
Average Age of Homes
- The median age of Olmsted County real estate is 34 years old
The Rental Market in Olmsted County
- Renters make up 24.7% of the Olmsted County population
- 1.6% of houses and apartments in Olmsted County, 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.