The housing market in Zumbro Falls, MN is strong compared to the rest of the US with a median value of $360,200. The US housing median value is considerably lower at $338,100. Despite this discrepancy, both markets have experienced a similar appreciation rate over the last year at 8.27% and 6.78%, respectively. This indicates that the Zumbro Falls housing market is stable and growing steadily.
The median home cost in Zumbro Falls is $360,200. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Zumbro Falls is up 11.4%.
Average Age of Homes
- The median age of Zumbro Falls real estate is 43 years old
The Rental Market in Zumbro Falls
- Renters make up 5.3% of the Zumbro Falls population
- 0.0% of houses and apartments in Zumbro Falls, 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.