The housing market in 56401 Brainerd, MN is currently very strong. The median value of housing in this area is $256,500, which is significantly lower than the national median value of $338,100. This makes it an attractive destination for those looking to buy a home at a reasonable price. Additionally, house appreciation in 56401 Brainerd over the past year has been 12.38%, which is higher than the 8.27% appreciation seen nationwide. Therefore, now may be a great time to invest in real estate in this area.
The median home cost in Brainerd (zip 56401) is $256,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Brainerd (zip 56401) is up 20.4%.
Average Age of Homes
- The median age of Brainerd (zip 56401) real estate is 37 years old
The Rental Market in Brainerd (zip 56401)
- Renters make up 24.3% of the Brainerd (zip 56401) population
- 0.7% of houses and apartments in Brainerd (zip 56401), 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.