Park Rapids Real Estate Market
The median sale price for homes in Park Rapids over the last 12 months is $88,000.
The median mortgage debt is $64,216.
The median sale price in January for single family homes is $118,767. The sale prices dropped by -18.37% from the previous month.
The number of active listings in Park Rapids dropped by 36.8% from the previous month.
The median number of days active properties have been listed is 32. This is significantly shorter than the national average.
The number of sales in January dropped by 57.1% from the previous month.
The percent of owner occupied properties in Park Rapids is 16.23% below the national average.
The percent of rental properties in Park Rapids is 24.01% above the national average which is typical for urban areas.
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