Pennington County, MN Housing

The housing market in Pennington, MN County is quite strong, with the median value being $179,600. This is significantly lower than the US House Median Value of $338,100. The 1 year house appreciation rate in Pennington County was 6.66%, slightly lower than the US rate of 8.27%. This indicates that the housing market in Pennington County is performing well and could be a good option for potential home buyers looking for an affordable place to call home.

The median home cost in Pennington County is $179,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Pennington County is up 14.7%.

Average Age of Homes

- The median age of Pennington County real estate is 45 years old

The Rental Market in Pennington County

- Renters make up 23.4% of the Pennington County population
- 2.5% of houses and apartments in Pennington County, 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	Pennington, Minnesota	United States
	6,621.0	139,647,020.0
	49	42
	$179,600	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$11.74	$10.98
	$1,903	$2,690
	67.0%	57.4%
	9.6%	11.2%
	23.4%	31.4%
Vacant Housing
	2.5%	1.9%
	0.9%	0.4%
	0.1%	0.7%
	0.7%	0.4%
	2.8%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	2.5%	2.4%
	4.4%	2.8%
	4.1%	3.9%
	7.5%	4.5%
	21.7%	11.3%
	23.3%	13.0%
	22.4%	20.1%
	6.6%	13.6%
	2.1%	8.3%
	1.0%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.1%	13.6%
	9.1%	13.6%
	11.2%	13.6%
	7.3%	13.2%
	19.9%	14.8%
	11.2%	13.6%
	8.3%	10.0%
	6.4%	4.7%
	20.7%	12.2%

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