Zip 56231 (Danvers, MN) Housing

The housing market in Danvers, MN (56231) is thriving. The median value of homes in the area is $219,300 which is considerably lower than the national median value of $338,100. Over the past year, the appreciation of home values has increased 13.39%, much higher than the national average of 8.27%. This indicates that investing in housing in this area could be a great option for potential buyers or investors.

The median home cost in Danvers (zip 56231) is $219,300. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Danvers (zip 56231) is up 12.6%.

Average Age of Homes

- The median age of Danvers (zip 56231) real estate is 66 years old

The Rental Market in Danvers (zip 56231)

- Renters make up 15.8% of the Danvers (zip 56231) population
- 0.0% of houses and apartments in Danvers (zip 56231), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Danvers, Minnesota	United States
	172.0	139,647,020.0
	66	42
	$219,300	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$9.28	$10.98
	$1,355	$2,690
	77.9%	57.4%
	16.3%	11.2%
	5.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	7.0%	3.6%
	8.1%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	3.0%	2.4%
	6.7%	2.8%
	12.7%	3.9%
	8.2%	4.5%
	15.7%	11.3%
	20.9%	13.0%
	8.2%	20.1%
	8.2%	13.6%
	4.5%	8.3%
	5.2%	9.7%
	0.7%	3.9%
	4.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.4%	13.6%
	6.4%	13.6%
	6.4%	13.6%
	5.8%	13.2%
	13.4%	14.8%
	6.4%	13.6%
	19.8%	10.0%
	5.2%	4.7%
	34.3%	12.2%

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