Zip 56523 (Climax, MN) Housing

The housing in 56523 Climax, MN is very affordable compared to the US median value for houses which is $338,100. The median value for a house in 56523 Climax, MN is $178,500 and the appreciation of house values over the last year stands at 8.21%, just slightly lower than the national appreciation rate of 8.27%. This means that those looking to purchase a house in this area can expect their investment to increase in value over time.

The median home cost in Climax (zip 56523) is $178,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Climax (zip 56523) is up 13.6%.

Average Age of Homes

- The median age of Climax (zip 56523) real estate is 48 years old

The Rental Market in Climax (zip 56523)

- Renters make up 17.5% of the Climax (zip 56523) population
- 0.0% of houses and apartments in Climax (zip 56523), 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	Climax, Minnesota	United States
	169.0	139,647,020.0
	52	42
	$178,500	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$10.43	$10.98
	$1,542	$2,690
	74.0%	57.4%
	7.7%	11.2%
	18.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.8%	0.4%
	0.0%	3.6%
	5.9%	4.1%
Value of Owner-Occupied Housing
	6.4%	2.6%
	7.2%	2.4%
	8.8%	2.8%
	6.4%	3.9%
	11.2%	4.5%
	12.0%	11.3%
	22.4%	13.0%
	15.2%	20.1%
	6.4%	13.6%
	2.4%	8.3%
	0.0%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	8.9%	13.6%
	7.7%	13.2%
	22.5%	14.8%
	8.9%	13.6%
	4.1%	10.0%
	8.3%	4.7%
	35.5%	12.2%

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