The housing market in 56011 Belle Plaine, MN is performing well. The median value for a home in this area is $315,800, which is slightly lower than the US median value of $338,100. In the past year, house prices have appreciated 11.33%, which is higher than the national average of 8.27%. This illustrates that the housing market in Belle Plaine is strong and growing. Considering its low median values and high appreciation rate, this city may be a good place to invest in real estate.
The median home cost in Belle Plaine (zip 56011) is $315,800. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Belle Plaine (zip 56011) is up 11.6%.
Average Age of Homes
- The median age of Belle Plaine (zip 56011) real estate is 25 years old
The Rental Market in Belle Plaine (zip 56011)
- Renters make up 11.6% of the Belle Plaine (zip 56011) population
- 0.2% of houses and apartments in Belle Plaine (zip 56011), 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.