The housing market in 55006 Braham, MN is relatively strong compared to the nation as a whole. The median value of homes in 55006 Braham is $250,000 which is considerably lower than the US median value of $338,100. Despite having a lower median value, 55006 Braham boasts an impressive year-over-year house appreciation rate of 6.66%, which is higher than the national average of 8.27%. This data shows that the housing market in 55006 Braham remains steady and attractive to potential buyers who are looking for quality homes at competitive prices.
The median home cost in Braham (zip 55006) is $250,000. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Braham (zip 55006) is up 12.2%.
Average Age of Homes
- The median age of Braham (zip 55006) real estate is 40 years old
The Rental Market in Braham (zip 55006)
- Renters make up 20.1% of the Braham (zip 55006) population
- 0.2% of houses and apartments in Braham (zip 55006), 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.