Zip 55912 (Austin, MN) Housing

The housing market in Austin, Minnesota (zip code 55912) shows a median value of $159,400, which is significantly lower than the US median value of $338,100. Despite a lower median value, Austin has seen steady house appreciation over the past year with an increase of 6.78%. This is slightly below the 8.27% national house appreciation rate for the same period. In general, Austin is a great place to purchase a home as prices are relatively low and appreciation rates remain steady.

The median home cost in Austin (zip 55912) is $159,400. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Austin (zip 55912) is up 11.4%.

Average Age of Homes

- The median age of Austin (zip 55912) real estate is 62 years old

The Rental Market in Austin (zip 55912)

- Renters make up 29.4% of the Austin (zip 55912) population
- 1.9% of houses and apartments in Austin (zip 55912), 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	Austin, Minnesota	United States
	12,503.0	139,647,020.0
	65	42
	$159,400	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$10.11	$10.98
	$1,289	$2,690
	65.4%	57.4%
	7.9%	11.2%
	26.7%	31.4%
Vacant Housing
	1.9%	1.9%
	0.1%	0.4%
	1.2%	0.7%
	0.2%	0.4%
	0.5%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	2.5%	2.4%
	6.4%	2.8%
	10.1%	3.9%
	17.3%	4.5%
	21.9%	11.3%
	13.2%	13.0%
	13.0%	20.1%
	7.6%	13.6%
	3.0%	8.3%
	2.2%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	5.0%	13.6%
	6.8%	13.2%
	6.8%	14.8%
	5.0%	13.6%
	25.5%	10.0%
	11.5%	4.7%
	22.9%	12.2%

Reviews for Austin

See all (0)

Write a Review

Start Your Review of Austin

Commute