Zip 56069 (Montgomery, MN) Housing

The housing market in Montgomery, MN (zip code 56069) is flourishing. The median housing value in the area is $266,300, which is significantly lower than the national average of $338,100. In addition, house appreciation in the area has been on a steady incline over the past year with an 11.33% increase compared to the US average of 8.27%. This strong performance demonstrates that now is a great time for potential buyers to invest in Montgomery's real estate market.

The median home cost in Montgomery (zip 56069) is $266,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Montgomery (zip 56069) is up 11.6%.

Average Age of Homes

- The median age of Montgomery (zip 56069) real estate is 50 years old

The Rental Market in Montgomery (zip 56069)

- Renters make up 16.2% of the Montgomery (zip 56069) population
- 0.0% of houses and apartments in Montgomery (zip 56069), 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	Montgomery, Minnesota	United States
	2,038.0	139,647,020.0
	52	42
	$266,300	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$11.05	$10.98
	$2,901	$2,690
	75.9%	57.4%
	6.9%	11.2%
	17.2%	31.4%
Vacant Housing
	0.0%	1.9%
	1.2%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	2.2%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	1.0%	2.4%
	1.9%	2.8%
	0.5%	3.9%
	3.8%	4.5%
	14.0%	11.3%
	22.7%	13.0%
	24.0%	20.1%
	12.0%	13.6%
	7.8%	8.3%
	4.8%	9.7%
	0.8%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	2.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.7%	13.6%
	15.7%	13.6%
	8.9%	13.6%
	4.9%	13.2%
	12.8%	14.8%
	8.9%	13.6%
	7.1%	10.0%
	2.2%	4.7%
	32.8%	12.2%

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