Zip 55709 (Bovey, MN) Housing

The median housing value in 55709 Bovey, MN is $197,100, significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in 55709 Bovey is higher than the US average at 13.08%, compared to 8.27%. This suggests that housing in 55709 Bovey is becoming more expensive as time goes on and would be a great place to invest in real estate.

The median home cost in Bovey (zip 55709) is $197,100. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Bovey (zip 55709) is up 13.2%.

Average Age of Homes

- The median age of Bovey (zip 55709) real estate is 38 years old

The Rental Market in Bovey (zip 55709)

- Renters make up 9.3% of the Bovey (zip 55709) population
- 0.2% of houses and apartments in Bovey (zip 55709), 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	Bovey, Minnesota	United States
	2,591.0	139,647,020.0
	42	42
	$197,100	$338,100
	13.2%	16.6%
	50.0%	57.0%
	60.0%	101.1%
	$8.65	$10.98
	$1,439	$2,690
	58.0%	57.4%
	36.7%	11.2%
	5.3%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	1.5%	0.4%
	30.2%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	3.4%	2.4%
	3.3%	2.8%
	5.9%	3.9%
	7.0%	4.5%
	19.6%	11.3%
	22.1%	13.0%
	16.6%	20.1%
	12.1%	13.6%
	5.6%	8.3%
	1.7%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.1%	13.6%
	23.1%	13.6%
	12.0%	13.6%
	8.3%	13.2%
	15.3%	14.8%
	12.0%	13.6%
	9.3%	10.0%
	7.2%	4.7%
	9.0%	12.2%

Reviews for Bovey

See all (0)

Write a Review

Start Your Review of Bovey

Commute

The premier source for comprehensive city data for over 30 years.