Housing in the 55708 Biwabik, MN area is an attractive option for future homeowners. The median value of houses in the area is $107,400 which is much lower than the US House Median Value of $338,100. Additionally, there has been a greater appreciation rate of house prices in this area compared to the US with a 13.08% increase over the past year compared to 8.27% nationally. These factors make it an ideal place for potential homeowners who are looking to invest in their future without breaking the bank.
The median home cost in Biwabik (zip 55708) is $107,400. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Biwabik (zip 55708) is up 13.2%.
Average Age of Homes
- The median age of Biwabik (zip 55708) real estate is 55 years old
The Rental Market in Biwabik (zip 55708)
- Renters make up 23.4% of the Biwabik (zip 55708) population
- 2.1% of houses and apartments in Biwabik (zip 55708), 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.