Zip 56314 (Bowlus, MN) Housing

The housing market in 56314 Bowlus, MN is very stable and strong. The median value of homes in the area is $277,300, which is lower than the US house median value of $338,100. Despite the lower median value, the one year appreciation rate for houses in 56314 Bowlus is 7.75%, which is just slightly below the US average of 8.27%. This indicates that housing in this area is a sound investment and likely to remain so in the near future.

The median home cost in Bowlus (zip 56314) is $277,300. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Bowlus (zip 56314) is up 13.6%.

Average Age of Homes

- The median age of Bowlus (zip 56314) real estate is 47 years old

The Rental Market in Bowlus (zip 56314)

- Renters make up 12.2% of the Bowlus (zip 56314) population
- 0.0% of houses and apartments in Bowlus (zip 56314), 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	Bowlus, Minnesota	United States
	504.0	139,647,020.0
	52	42
	$277,300	$338,100
	13.6%	16.6%
	50.2%	57.0%
	77.8%	101.1%
	$8.12	$10.98
	$1,841	$2,690
	85.1%	57.4%
	7.3%	11.2%
	7.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	2.0%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	0.0%	2.4%
	4.0%	2.8%
	2.8%	3.9%
	5.4%	4.5%
	17.5%	11.3%
	11.9%	13.0%
	25.4%	20.1%
	12.8%	13.6%
	7.5%	8.3%
	7.2%	9.7%
	1.4%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	12.3%	13.6%
	10.9%	13.2%
	12.1%	14.8%
	12.3%	13.6%
	9.1%	10.0%
	2.2%	4.7%
	32.9%	12.2%

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