Zumbrota, MN is a desirable housing market with its median value being $283,200. This is slightly below the US median value of $338,100, however the 1 year appreciation rate in Zumbrota is 6.78%, which is still slightly below the US average of 8.27 %. This means that even though prices may be lower, the cost of housing is still on an upward trajectory and shows potential for future growth.
The median home cost in Zumbrota is $283,200. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Zumbrota is up 11.4%.
Average Age of Homes
- The median age of Zumbrota real estate is 45 years old
The Rental Market in Zumbrota
- Renters make up 32.7% of the Zumbrota population
- 3.4% of houses and apartments in Zumbrota, 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.