Compare: Minnesota vs Ericsson
Home Values in Minnesota and Ericsson
|Zillow Home Value IndexWhat's this?||$173,600||vs||$209,000|
|Median List Price||$184,900||vs||$229,000|
|Median Sale Price||$208,800||vs||$226,000|
|Total Homes Sold in Oct||8547 homes||vs||20 homes|
Minnesota tends to be less expensive for home buyers than Ericsson, Minneapolis. During the last year, Minnesota home values have risen by 11.8%, while Ericsson home values have risen by 19.7%. The median sale price in Minnesota is $208,800, but the median listing price was $184,900, a 12.9% increase. Meanwhile in Ericsson, the median selling price is $226,000, and the starting price had a median of $229,000, a 1.3% discount. In October, Minnesota home sellers managed to move 8547 houses, while Ericsson saw 20 transactions.
Demographics in Minnesota and Ericsson
|Median Household Income||$48,439||vs||$50,369|
|Homes with Kids||30.8%||vs||20.2%|
|Average Household Size||2.5||vs||2.2|
|Average Commute Time (Minutes)||23||vs||25|
At $50,369, the median income in Ericsson is $1,930 more than in Minnesota, and $5,857 higher than the national average. Minnesota has a younger median age, at 35, compared to 37 in Ericsson, and a shorter average commute. The average commute in Ericsson is 25 minutes and the average commute in Minnesota is 23 minutes.
Homes for Sale in Minnesota and Ericsson
Minnesota vs Ericsson