Zip 56274 (Norcross, MN) Housing

The housing market in Norcross, MN (zip code 56274) is performing well above the US average. According to recent data, the median value of a home is $169,700 - nearly half of the national median value of $338,100. Additionally, Norcross has seen house appreciation over the past year of 13.39%, which is significantly higher than the US average of 8.27%. This indicates that homes in Norcross are steadily rising in value and could be a great investment opportunity for potential buyers.

The median home cost in Norcross (zip 56274) is $169,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Norcross (zip 56274) is up 12.6%.

Average Age of Homes

- The median age of Norcross (zip 56274) real estate is 69 years old

The Rental Market in Norcross (zip 56274)

- Renters make up 2.3% of the Norcross (zip 56274) population
- 0.0% of houses and apartments in Norcross (zip 56274), 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	Norcross, Minnesota	United States
	85.0	139,647,020.0
	61	42
	$169,700	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$9.82	$10.98
	$914	$2,690
	91.8%	57.4%
	8.2%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	8.2%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	23.1%	2.4%
	1.3%	2.8%
	12.8%	3.9%
	0.0%	4.5%
	5.1%	11.3%
	25.6%	13.0%
	5.1%	20.1%
	7.7%	13.6%
	7.7%	8.3%
	3.8%	9.7%
	0.0%	3.9%
	3.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.9%	13.6%
	12.9%	13.6%
	2.4%	13.6%
	12.9%	13.2%
	18.8%	14.8%
	2.4%	13.6%
	17.6%	10.0%
	1.2%	4.7%
	31.8%	12.2%

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