Zip 56223 (Clarkfield, MN) Housing

Housing in 56223 Clarkfield, MN is quite affordable and has seen a remarkable increase in value over the past year. The median value of housing in the area is $115,600 which is significantly less than the national house median of $338,100. In addition to this, the 1 year appreciation rate for housing in 56223 Clarkfield is 13.39% which is far greater than the 8.27% average appreciation rate for houses across the United States. This makes investing in property within this area a great option if one is looking to maximize their return on investment.

The median home cost in Clarkfield (zip 56223) is $115,600. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Clarkfield (zip 56223) is up 12.6%.

Average Age of Homes

- The median age of Clarkfield (zip 56223) real estate is 71 years old

The Rental Market in Clarkfield (zip 56223)

- Renters make up 17.7% of the Clarkfield (zip 56223) population
- 4.5% of houses and apartments in Clarkfield (zip 56223), 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	Clarkfield, Minnesota	United States
	647.0	139,647,020.0
	75	42
	$115,600	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$11.22	$10.98
	$1,036	$2,690
	68.8%	57.4%
	16.2%	11.2%
	15.0%	31.4%
Vacant Housing
	4.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.1%	0.4%
	3.1%	3.6%
	7.6%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	10.1%	2.4%
	13.5%	2.8%
	10.3%	3.9%
	17.3%	4.5%
	18.7%	11.3%
	9.7%	13.0%
	7.4%	20.1%
	8.5%	13.6%
	0.7%	8.3%
	0.7%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	3.9%	13.6%
	0.9%	13.2%
	11.7%	14.8%
	3.9%	13.6%
	14.4%	10.0%
	5.9%	4.7%
	46.7%	12.2%

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