Median real estate price in the City Center of Backus is $142,994, which is less expensive than 80.2% of Minnesota neighborhoods and 65.0% of all U.S. neighborhoods.
The average rental price in Backus City Center is currently $913, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.7% of Minnesota neighborhoods.
Backus City Center is a rural neighborhood (based on population density) located in Backus, Minnesota.
Real estate in the City Center of Backus, MN is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Backus City Center. The current real estate vacancy rate here is 41.6%. This is higher than the rate of vacancies in 97.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (35.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.