City:

Luverne, MN

Luverne is a city in the state of minnesota with a population of roughly 5,825. It is in Rock, Minnesota Its Zip codes include 56156 .

Trends in Home Prices in Luverne, MN

Real estate in Luverne, Minnesota is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates. There are a number of reasons why real estate in Luverne is so popular. First and foremost, the city is located within easy reach of both Minneapolis and St. Paul. Additionally, Luverne offers a variety of housing options, from single-family homes to apartments and condos. And finally, the community is rich with amenities - including schools, shopping districts, and recreational opportunities - that make it a desirable place to live or work.

Given all these factors, it's no surprise that real estate in Luverne has been steadily increasing in value over the past few years. In fact, according to Zillow data*, the median home price in Luverne was $269,000 as of September 2017 - up from $236,000 just two years earlier! And while prices may be rising rapidly right now (due to limited inventory), experts predict that they will continue to rise over time as more people become interested in purchasing or renting property here. So if you're looking for a place to call home - or if you're simply interested in knowing what current market conditions are like for real estate in Luverne - be sure to check out our website or contact one of our team members today!

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