Zip 56466 (Motley, MN) Housing

The housing market in 56466 Motley, MN is quite strong. The median value of a house in this area is $218,500, which is more affordable than the US median value of $338,100. Additionally, the 1 year appreciation rate for houses in the Motley area is 12.38%, much higher than the US average of 8.27%. This suggests that there is strong ongoing demand for housing in this region and prices are likely to continue appreciating over time.

The median home cost in Motley (zip 56466) is $218,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Motley (zip 56466) is up 20.4%.

Average Age of Homes

- The median age of Motley (zip 56466) real estate is 34 years old

The Rental Market in Motley (zip 56466)

- Renters make up 14.3% of the Motley (zip 56466) population
- 1.8% of houses and apartments in Motley (zip 56466), 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	Motley, Minnesota	United States
	2,147.0	139,647,020.0
	40	42
	$218,500	$338,100
	20.4%	16.6%
	63.7%	57.0%
	87.2%	101.1%
	$7.70	$10.98
	$1,345	$2,690
	49.6%	57.4%
	39.2%	11.2%
	11.3%	31.4%
Vacant Housing
	1.8%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	0.3%	0.4%
	32.9%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	4.8%	2.4%
	5.6%	2.8%
	4.1%	3.9%
	6.0%	4.5%
	16.8%	11.3%
	14.9%	13.0%
	23.6%	20.1%
	8.5%	13.6%
	5.5%	8.3%
	5.6%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	14.3%	13.6%
	14.3%	13.6%
	14.0%	13.6%
	16.2%	13.2%
	19.0%	14.8%
	14.0%	13.6%
	7.1%	10.0%
	4.8%	4.7%
	8.5%	12.2%

Reviews for Motley

See all (0)

Write a Review

Start Your Review of Motley

Commute