Zip 55718 (Carlton, MN) Housing

Housing in 55718 Carlton, MN is in very high demand due to its low median value of $263,200 compared to the US house median value of $338,100. In addition, the 1 year house appreciation rate for this location is 13.08%, almost double the US average of 8.27%. This makes 55718 Carlton, MN an attractive choice for potential homeowners and investors alike. With its low cost and fast appreciating value it's no wonder that housing prices in this area have been steadily increasing over the years.

The median home cost in Carlton (zip 55718) is $263,200. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Carlton (zip 55718) is up 13.2%.

Average Age of Homes

- The median age of Carlton (zip 55718) real estate is 38 years old

The Rental Market in Carlton (zip 55718)

- Renters make up 15.1% of the Carlton (zip 55718) population
- 0.0% of houses and apartments in Carlton (zip 55718), 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	Carlton, Minnesota	United States
	1,260.0	139,647,020.0
	43	42
	$263,200	$338,100
	13.2%	16.6%
	50.0%	57.0%
	60.0%	101.1%
	$11.40	$10.98
	$2,588	$2,690
	77.5%	57.4%
	7.3%	11.2%
	15.2%	31.4%
Vacant Housing
	0.0%	1.9%
	2.2%	0.4%
	0.0%	0.7%
	1.3%	0.4%
	2.7%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.0%	2.4%
	1.7%	2.8%
	2.7%	3.9%
	3.3%	4.5%
	14.2%	11.3%
	19.4%	13.0%
	25.9%	20.1%
	23.6%	13.6%
	3.5%	8.3%
	4.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.6%	13.6%
	19.6%	13.6%
	15.1%	13.6%
	8.9%	13.2%
	10.8%	14.8%
	15.1%	13.6%
	11.0%	10.0%
	4.0%	4.7%
	16.0%	12.2%

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