Zip 55992 (Zumbrota, MN) Housing

The housing situation in 55992 Zumbrota, MN is very positive. The median value of homes in this area is $281,600, which is significantly lower than the US median house value of $338,100. Despite this lower initial cost, house values have still appreciated fairly steeply over the past year at 6.78%, which is slightly below the national average of 8.27%. It can be concluded that housing in this area offers a good combination of affordability and potential growth for homeowners.

The median home cost in Zumbrota (zip 55992) is $281,600. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Zumbrota (zip 55992) is up 11.4%.

Average Age of Homes

- The median age of Zumbrota (zip 55992) real estate is 47 years old

The Rental Market in Zumbrota (zip 55992)

- Renters make up 25.3% of the Zumbrota (zip 55992) population
- 2.4% of houses and apartments in Zumbrota (zip 55992), 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	Zumbrota, Minnesota	United States
	2,407.0	139,647,020.0
	51	42
	$281,600	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$11.26	$10.98
	$2,471	$2,690
	73.1%	57.4%
	3.0%	11.2%
	23.9%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.6%	2.4%
	0.1%	2.8%
	1.8%	3.9%
	0.0%	4.5%
	10.6%	11.3%
	26.3%	13.0%
	37.4%	20.1%
	10.7%	13.6%
	4.7%	8.3%
	3.5%	9.7%
	0.9%	3.9%
	0.6%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	13.0%	13.6%
	9.6%	13.2%
	13.5%	14.8%
	13.0%	13.6%
	6.4%	10.0%
	6.7%	4.7%
	23.4%	12.2%

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