Zip 55923 (Chatfield, MN) Housing

The housing market in 55923 Chatfield, MN is relatively lower than the national median value of $338,100. However, it still remains quite desirable with its median value of $291,000. In the past year, the appreciation rate of homes in the area has been 6.78%, much lower than the US's 8.27% rate of appreciation, making it an excellent choice for those seeking a more affordable option with steady market growth.

The median home cost in Chatfield (zip 55923) is $291,000. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Chatfield (zip 55923) is up 11.4%.

Average Age of Homes

- The median age of Chatfield (zip 55923) real estate is 37 years old

The Rental Market in Chatfield (zip 55923)

- Renters make up 22.2% of the Chatfield (zip 55923) population
- 1.9% of houses and apartments in Chatfield (zip 55923), 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	Chatfield, Minnesota	United States
	1,871.0	139,647,020.0
	46	42
	$291,000	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$12.11	$10.98
	$2,629	$2,690
	77.4%	57.4%
	6.9%	11.2%
	15.7%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.2%	0.4%
	2.7%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	1.2%	2.4%
	1.5%	2.8%
	0.4%	3.9%
	3.6%	4.5%
	14.3%	11.3%
	18.9%	13.0%
	26.1%	20.1%
	9.5%	13.6%
	11.1%	8.3%
	6.0%	9.7%
	1.4%	3.9%
	0.4%	2.2%
	0.8%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	18.4%	13.6%
	18.4%	13.6%
	13.5%	13.6%
	5.8%	13.2%
	16.2%	14.8%
	13.5%	13.6%
	7.1%	10.0%
	1.6%	4.7%
	23.6%	12.2%

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