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.