The best place to buy a house in Minnesota will be the location that suits your needs and offers access to public services and other amenities.
MoneyGeek analyzed Zillow’s home value index and found that a home in Minnesota costs an average of $333,985. The value of a home in the state has increased by 7.4% over the last year.
It’s slightly cheaper to buy a home in Minnesota than in the rest of the country, as the average home value in the U.S. is $357,589, which has increased by 13.5% year-over-year.
Besides choosing the perfect location, you should also know mortgage rates, get pre-approved, conduct a home inspection and meet other lender requirements.