Zip 56515 (Battle Lake, MN) Housing

The housing market in 56515 Battle Lake, MN is a great investment for those looking for a place to call home. The median house value in the area is $393,500 - slightly higher than the US median house value of $338,100. Over the past year, the average appreciation rate for housing in the Battle Lake area was 8.21%, which is very close to the national average of 8.27%. This suggests that investing in a home in this area would be a wise choice as it will help homeowners see their investments appreciate at similar rates as across the country.

The median home cost in Battle Lake (zip 56515) is $393,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Battle Lake (zip 56515) is up 13.6%.

Average Age of Homes

- The median age of Battle Lake (zip 56515) real estate is 40 years old

The Rental Market in Battle Lake (zip 56515)

- Renters make up 6.0% of the Battle Lake (zip 56515) population
- 0.1% of houses and apartments in Battle Lake (zip 56515), 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	Battle Lake, Minnesota	United States
	2,763.0	139,647,020.0
	43	42
	$393,500	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$7.30	$10.98
	$2,365	$2,690
	40.1%	57.4%
	55.0%	11.2%
	4.9%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	51.9%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	1.0%	2.4%
	2.3%	2.8%
	4.2%	3.9%
	2.4%	4.5%
	7.4%	11.3%
	9.3%	13.0%
	17.3%	20.1%
	21.0%	13.6%
	15.6%	8.3%
	13.0%	9.7%
	4.2%	3.9%
	0.9%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	20.1%	13.6%
	20.1%	13.6%
	11.0%	13.6%
	10.0%	13.2%
	17.7%	14.8%
	11.0%	13.6%
	9.2%	10.0%
	5.5%	4.7%
	12.9%	12.2%

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