Zip 56736 (Mentor, MN) Housing

Mentor, MN 56736 is an area that has seen steady growth in its housing market over the past year. The median value of a home in this area currently stands at $289,900, which is lower than the US median value of $338,100. Over the last year, homes in Mentor appreciated by 9.54%, slightly higher than the US average of 8.27%. This increase in home values makes now a great time for those looking to buy or invest in real estate in Mentor, MN 56736.

The median home cost in Mentor (zip 56736) is $289,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Mentor (zip 56736) is up 14.7%.

Average Age of Homes

- The median age of Mentor (zip 56736) real estate is 39 years old

The Rental Market in Mentor (zip 56736)

- Renters make up 3.8% of the Mentor (zip 56736) population
- 0.5% of houses and apartments in Mentor (zip 56736), 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	Mentor, Minnesota	United States
	873.0	139,647,020.0
	47	42
	$289,900	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$9.67	$10.98
	$1,676	$2,690
	34.4%	57.4%
	62.7%	11.2%
	3.0%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	59.6%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	5.3%	2.4%
	6.7%	2.8%
	6.7%	3.9%
	1.3%	4.5%
	18.0%	11.3%
	11.7%	13.0%
	13.7%	20.1%
	11.3%	13.6%
	12.7%	8.3%
	5.0%	9.7%
	4.3%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	13.9%	13.6%
	13.9%	13.6%
	14.0%	13.6%
	8.6%	13.2%
	12.0%	14.8%
	14.0%	13.6%
	7.2%	10.0%
	4.6%	4.7%
	13.4%	12.2%

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