Zip 56221 (Chokio, MN) Housing

Housing in 56221 Chokio, MN is an excellent investment option. The median value of housing is $132,600 which is significantly lower than the US average median value of $338,100. Not only that, but the 1 year house appreciation rate in Chokio is higher than the US average at 13.39%, compared to 8.27%. This means that housing values are expected to rise in the near future, making it a great time to invest in the Chokio area.

The median home cost in Chokio (zip 56221) is $132,600. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Chokio (zip 56221) is up 12.6%.

Average Age of Homes

- The median age of Chokio (zip 56221) real estate is 58 years old

The Rental Market in Chokio (zip 56221)

- Renters make up 16.7% of the Chokio (zip 56221) population
- 0.0% of houses and apartments in Chokio (zip 56221), 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	Chokio, Minnesota	United States
	389.0	139,647,020.0
	66	42
	$132,600	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$9.09	$10.98
	$1,032	$2,690
	68.1%	57.4%
	17.5%	11.2%
	14.4%	31.4%
Vacant Housing
	0.0%	1.9%
	1.8%	0.4%
	1.8%	0.7%
	0.0%	0.4%
	4.9%	3.6%
	9.0%	4.1%
Value of Owner-Occupied Housing
	6.0%	2.6%
	6.8%	2.4%
	8.7%	2.8%
	15.8%	3.9%
	10.9%	4.5%
	21.9%	11.3%
	12.5%	13.0%
	10.6%	20.1%
	6.0%	13.6%
	0.4%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	5.4%	13.6%
	6.2%	13.2%
	17.2%	14.8%
	5.4%	13.6%
	16.7%	10.0%
	10.0%	4.7%
	31.1%	12.2%

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