The housing market in Pipestone, MN County is performing well compared to the national average. The median value of homes in Pipestone County is $135,100, which is much lower than the US median of $338,100. However, the 1-year house appreciation rate for both Pipestone and the US are extremely similar at 8.21% and 8.27%, respectively. This suggests that despite having a lower median value, houses in Pipestone County are still increasing in value at an equal rate as other parts of the country.
The median home cost in Pipestone County is $135,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Pipestone County is up 14.7%.
Average Age of Homes
- The median age of Pipestone County real estate is 63 years old
The Rental Market in Pipestone County
- Renters make up 23.3% of the Pipestone County population
- 1.2% of houses and apartments in Pipestone 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.