The housing in 56120 Butterfield, MN is quite desirable, with a median value of $179,000. This is significantly lower than the US House Median Value of $338,100 and provides an opportunity for potential buyers to purchase homes at an attractive price. The area has also experienced a significant appreciation rate over the past year at 9.54%, which is higher than the national average of 8.27%. This makes Butterfield an ideal place for those seeking to invest in real estate, as they can expect a healthy return on their investment.
The median home cost in Butterfield (zip 56120) is $179,000. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Butterfield (zip 56120) is up 14.7%.
Average Age of Homes
- The median age of Butterfield (zip 56120) real estate is 73 years old
The Rental Market in Butterfield (zip 56120)
- Renters make up 14.9% of the Butterfield (zip 56120) population
- 0.0% of houses and apartments in Butterfield (zip 56120), 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.