Saturday, November 11, 2006

Housing Report for Nobles County, Minnesota

The State of Minnesota, Nobles County stands 79 of 87 by percentage growth in residential real estate. The county is positioned 2,736 of 3,141, in terms of residential real estate percentage change change in the United States.

Nobles County had a median home value in the year 2000 of $61,400, accounted by the Decennial Census. This value is less than the overall State of Minnesota 2000 median home value of $122,400 and less than home value of $119,600 for the rest of the nation in that year.

According to the data, there is a large amount affordable residential real estate in Nobles County, Minnesota. In 2000, 89.1 percent of the homes were valued under $125,000.

In Nobles County, there were a total of 8,544 homes in the year 2005. This county has gone through a growth in housing units, adding a sum of 67 residential units since 2001, or 0.8 percent.

Nobles County can be understood as having a small, but present proportion of high-valued homes. In 2000, the Decennial Census reports that 0.1 percent of the homes were valued over $500,000.



Data Source: U.S. Census Bureau

 

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