Zip 55389 (Watkins, MN) Housing

The housing market in Watkins, MN 55389 is thriving. The median home value is $257,300, which is significantly lower than the national median of $338,100. Though the one-year appreciation rate in Watkins is slightly lower than the national average at 6.82%, it still reflects an increase in the value of property over time. With a wide range of amenities and attractions in town, such as local historic sites and outdoor recreation areas, Watkins continues to be a desirable place to live for many potential buyers.

The median home cost in Watkins (zip 55389) is $257,300. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Watkins (zip 55389) is up 11.0%.

Average Age of Homes

- The median age of Watkins (zip 55389) real estate is 46 years old

The Rental Market in Watkins (zip 55389)

- Renters make up 13.8% of the Watkins (zip 55389) population
- 0.8% of houses and apartments in Watkins (zip 55389), 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	Watkins, Minnesota	United States
	1,069.0	139,647,020.0
	42	42
	$257,300	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$10.26	$10.98
	$2,200	$2,690
	74.2%	57.4%
	12.7%	11.2%
	13.1%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	2.1%	0.7%
	0.7%	0.4%
	3.7%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.0%	2.4%
	1.8%	2.8%
	3.7%	3.9%
	2.6%	4.5%
	19.2%	11.3%
	14.6%	13.0%
	28.4%	20.1%
	12.5%	13.6%
	3.9%	8.3%
	6.8%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.2%	13.6%
	15.2%	13.6%
	11.7%	13.6%
	10.7%	13.2%
	12.3%	14.8%
	11.7%	13.6%
	8.8%	10.0%
	5.4%	4.7%
	17.7%	12.2%

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