Zip 55702 (Alborn, MN) Housing


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United States / Minnesota / Duluth Metro Area / St. Louis County / No City / Alborn (zip 55702)
Housing in 55702 Alborn, MN is a great investment. The median value of homes in this area is currently $226,800, which is significantly lower than the current US House median value of $338,100. In addition, houses in Alborn have seen an impressive appreciation rate of 13.08% over the past year, whereas the US 1 year house appreciation rate is only 8.27%. This makes Alborn an attractive option for potential homeowners and investors alike, as it offers a great combination of affordability and increased value over time.

The median home cost in Alborn (zip 55702) is $226,800. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Alborn (zip 55702) is up 13.2%.

Average Age of Homes
- The median age of Alborn (zip 55702) real estate is 37 years old
The Rental Market in Alborn (zip 55702)
- Renters make up 3.0% of the Alborn (zip 55702) population
- 0.0% of houses and apartments in Alborn (zip 55702), 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

  HousingAlborn, MinnesotaUnited States
  298.0139,647,020.0
  4542
  $226,800$338,100
  13.2%16.6%
  50.0%57.0%
  60.0%101.1%
  $10.81$10.98
  $1,737$2,690
  56.0%57.4%
  36.2%11.2%
  7.7%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  34.2%3.6%
  2.0%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  3.0%2.4%
  2.4%2.8%
  2.4%3.9%
  1.8%4.5%
  14.4%11.3%
  12.0%13.0%
  45.5%20.1%
  14.4%13.6%
  0.6%8.3%
  3.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.6%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  8.4%13.6%
  8.4%13.6%
  13.1%13.6%
  14.8%13.2%
  19.1%14.8%
  13.1%13.6%
  14.4%10.0%
  6.7%4.7%
  10.1%12.2%
Commute

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