Zip 56520 (Breckenridge, MN) Housing

The housing market in 56520 Breckenridge, MN is comparable to the US average. The median value of a house in 56520 Breckenridge, MN is $172,000 which is less than the US median value of $338,100. The one year appreciation rate for homes in the US is 8.27%, while the one year appreciation rate for homes in 56520 Breckenridge, MN is 8.21%. This indicates a strong and stable housing market in Breckenridge, MN with values that are favorable relative to other areas of the United States.

The median home cost in Breckenridge (zip 56520) is $172,000. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Breckenridge (zip 56520) is up 13.6%.

Average Age of Homes

- The median age of Breckenridge (zip 56520) real estate is 51 years old

The Rental Market in Breckenridge (zip 56520)

- Renters make up 28.4% of the Breckenridge (zip 56520) population
- 1.1% of houses and apartments in Breckenridge (zip 56520), 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	Breckenridge, Minnesota	United States
	1,899.0	139,647,020.0
	51	42
	$172,000	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$8.65	$10.98
	$1,272	$2,690
	63.9%	57.4%
	9.8%	11.2%
	26.3%	31.4%
Vacant Housing
	1.1%	1.9%
	1.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	6.1%	2.6%
	2.7%	2.4%
	5.4%	2.8%
	7.3%	3.9%
	9.8%	4.5%
	19.9%	11.3%
	20.8%	13.0%
	15.7%	20.1%
	8.6%	13.6%
	0.9%	8.3%
	1.5%	9.7%
	1.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.7%	13.6%
	13.7%	13.6%
	10.6%	13.6%
	9.7%	13.2%
	13.1%	14.8%
	10.6%	13.6%
	11.7%	10.0%
	5.6%	4.7%
	15.9%	12.2%

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