Zip 56516 (Bejou, MN) Housing

The housing market in 56516 Bejou, MN is currently stable and has a median value of $209,800. This is significantly lower than the US median value of $338,100 but is still experiencing a positive rate of appreciation at 8.21%, which is only 0.06% less than the US average 1 year appreciation rate of 8.27%. This shows that despite its lower value, the housing market in 56516 Bejou, MN is still performing well and could be a great investment opportunity for those looking to buy in this area.

The median home cost in Bejou (zip 56516) is $209,800. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Bejou (zip 56516) is up 13.6%.

Average Age of Homes

- The median age of Bejou (zip 56516) real estate is 63 years old

The Rental Market in Bejou (zip 56516)

- Renters make up 7.2% of the Bejou (zip 56516) population
- 0.0% of houses and apartments in Bejou (zip 56516), 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	Bejou, Minnesota	United States
	145.0	139,647,020.0
	55	42
	$209,800	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$11.22	$10.98
	$1,228	$2,690
	73.8%	57.4%
	15.9%	11.2%
	10.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	5.5%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	3.7%	2.4%
	9.3%	2.8%
	5.6%	3.9%
	2.8%	4.5%
	18.7%	11.3%
	36.4%	13.0%
	15.0%	20.1%
	6.5%	13.6%
	0.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.6%	13.6%
	16.6%	13.6%
	6.9%	13.6%
	9.7%	13.2%
	8.3%	14.8%
	6.9%	13.6%
	4.1%	10.0%
	7.6%	4.7%
	30.3%	12.2%

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