Zip 55321 (Cokato, MN) Housing

The housing market in 55321 Cokato, MN is quite strong with a median value of $274,500. This is considerably lower than the US median value of $338,100. However, the house appreciation rate in 55321 Cokato, MN is still very healthy at 6.82% over one year. This rate is slightly lower than the national average of 8.27%, but still indicates that home values are increasing steadily in this area and it can be a great time to invest in housing in this region.

The median home cost in Cokato (zip 55321) is $274,500. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Cokato (zip 55321) is up 11.0%.

Average Age of Homes

- The median age of Cokato (zip 55321) real estate is 44 years old

The Rental Market in Cokato (zip 55321)

- Renters make up 18.9% of the Cokato (zip 55321) population
- 0.9% of houses and apartments in Cokato (zip 55321), 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	Cokato, Minnesota	United States
	1,992.0	139,647,020.0
	44	42
	$274,500	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$8.92	$10.98
	$1,967	$2,690
	72.4%	57.4%
	6.8%	11.2%
	20.8%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	3.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	0.4%	2.4%
	1.0%	2.8%
	0.0%	3.9%
	3.8%	4.5%
	16.4%	11.3%
	17.7%	13.0%
	33.6%	20.1%
	13.9%	13.6%
	4.4%	8.3%
	4.5%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.6%	13.6%
	13.6%	13.6%
	16.1%	13.6%
	10.3%	13.2%
	18.0%	14.8%
	16.1%	13.6%
	5.4%	10.0%
	6.8%	4.7%
	20.6%	12.2%

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