Zip 56311 (Barrett, MN) Housing

The housing median value in 56311 Barrett, MN is $224,200 which is significantly lower than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, while the one year appreciation rate for 56311 Barrett, MN is 7.75%. This means that housing prices in 56311 Barrett, MN are increasing at a slightly slower rate than the rest of the country. Despite the slightly slower appreciation rate, buying a house in this area still offers an excellent opportunity for long-term investment potential.

The median home cost in Barrett (zip 56311) is $224,200. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Barrett (zip 56311) is up 13.6%.

Average Age of Homes

- The median age of Barrett (zip 56311) real estate is 56 years old

The Rental Market in Barrett (zip 56311)

- Renters make up 6.8% of the Barrett (zip 56311) population
- 3.1% of houses and apartments in Barrett (zip 56311), 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	Barrett, Minnesota	United States
	357.0	139,647,020.0
	54	42
	$224,200	$338,100
	13.6%	16.6%
	50.2%	57.0%
	77.8%	101.1%
	$9.82	$10.98
	$1,604	$2,690
	71.4%	57.4%
	14.0%	11.2%
	14.6%	31.4%
Vacant Housing
	3.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	8.7%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	8.2%	2.6%
	8.2%	2.4%
	3.9%	2.8%
	10.6%	3.9%
	3.1%	4.5%
	15.3%	11.3%
	13.3%	13.0%
	16.1%	20.1%
	9.4%	13.6%
	2.4%	8.3%
	4.7%	9.7%
	0.0%	3.9%
	3.5%	2.2%
	0.0%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	11.2%	13.6%
	5.9%	13.2%
	15.4%	14.8%
	11.2%	13.6%
	7.3%	10.0%
	1.7%	4.7%
	38.9%	12.2%

Reviews for Barrett

See all (0)

Write a Review

Start Your Review of Barrett

Commute