Zip 56431 (Aitkin, MN) Housing

The housing market in Aitkin, MN (56431) is doing well, with a median housing value of $269,900. This is significantly lower than the national median housing value of $338,100. However, the one year appreciation rate in Aitkin is higher than the US average, at 12.38%, compared to 8.27%. This indicates that there are opportunities for growth and investment in Aitkin's housing market. With its low median housing value and high appreciation rate, Aitkin presents a great opportunity for potential buyers to invest in real estate.

The median home cost in Aitkin (zip 56431) is $269,900. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Aitkin (zip 56431) is up 20.4%.

Average Age of Homes

- The median age of Aitkin (zip 56431) real estate is 37 years old

The Rental Market in Aitkin (zip 56431)

- Renters make up 9.6% of the Aitkin (zip 56431) population
- 0.2% of houses and apartments in Aitkin (zip 56431), 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	Aitkin, Minnesota	United States
	7,106.0	139,647,020.0
	38	42
	$269,900	$338,100
	20.4%	16.6%
	63.7%	57.0%
	87.2%	101.1%
	$5.47	$10.98
	$1,204	$2,690
	44.3%	57.4%
	48.0%	11.2%
	7.7%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	46.2%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	1.5%	2.4%
	2.3%	2.8%
	3.9%	3.9%
	5.0%	4.5%
	11.5%	11.3%
	17.8%	13.0%
	24.9%	20.1%
	17.6%	13.6%
	6.6%	8.3%
	4.9%	9.7%
	0.5%	3.9%
	0.7%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	20.7%	13.6%
	20.7%	13.6%
	13.8%	13.6%
	13.5%	13.2%
	16.5%	14.8%
	13.8%	13.6%
	7.5%	10.0%
	3.4%	4.7%
	10.3%	12.2%

Reviews for Aitkin

See all (0)

Write a Review

Start Your Review of Aitkin

Commute