Zip 56514 (Barnesville, MN) Housing

The housing market in 56514 Barnesville, MN is strong and stable. The median value of homes in the area is $254,000, which is lower than the US House Median Value of $338,100. The 1 year house appreciation rate for Barnesville is 8.21%, which is slightly lower than the US 1 year house appreciation rate of 8.27%. This data indicates that home values have been steadily increasing in Barnesville and suggests a healthy housing market.

The median home cost in Barnesville (zip 56514) is $254,000. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Barnesville (zip 56514) is up 13.6%.

Average Age of Homes

- The median age of Barnesville (zip 56514) real estate is 43 years old

The Rental Market in Barnesville (zip 56514)

- Renters make up 12.7% of the Barnesville (zip 56514) population
- 0.0% of houses and apartments in Barnesville (zip 56514), 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	Barnesville, Minnesota	United States
	1,519.0	139,647,020.0
	45	42
	$254,000	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$9.19	$10.98
	$1,740	$2,690
	77.7%	57.4%
	6.9%	11.2%
	15.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.0%	0.4%
	1.8%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.8%	2.4%
	1.3%	2.8%
	1.2%	3.9%
	3.7%	4.5%
	14.3%	11.3%
	30.9%	13.0%
	28.3%	20.1%
	12.9%	13.6%
	2.3%	8.3%
	1.6%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.9%	13.6%
	14.9%	13.6%
	11.5%	13.6%
	8.2%	13.2%
	27.2%	14.8%
	11.5%	13.6%
	6.5%	10.0%
	3.2%	4.7%
	17.2%	12.2%

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