Zip 55720 (Cloquet, MN) Housing

The housing market in the city of Cloquet, MN (55720) is quite robust. The median value of a house in the area is $211,300, which is much lower than the national median value of $338,100. However, the rate of appreciation for homes in this area is 13.08%, significantly higher than the national average 1 year house appreciation rate of 8.27%. This suggests that Cloquet is an attractive place to buy a home and invest in property, as the market appears to be on an upward trend.

The median home cost in Cloquet (zip 55720) is $211,300. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Cloquet (zip 55720) is up 13.2%.

Average Age of Homes

- The median age of Cloquet (zip 55720) real estate is 52 years old

The Rental Market in Cloquet (zip 55720)

- Renters make up 24.8% of the Cloquet (zip 55720) population
- 0.6% of houses and apartments in Cloquet (zip 55720), 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	Cloquet, Minnesota	United States
	7,575.0	139,647,020.0
	51	42
	$211,300	$338,100
	13.2%	16.6%
	50.0%	57.0%
	60.0%	101.1%
	$13.69	$10.98
	$2,314	$2,690
	68.4%	57.4%
	7.3%	11.2%
	24.3%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	0.3%	0.4%
	1.8%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	1.5%	2.4%
	1.9%	2.8%
	2.8%	3.9%
	5.2%	4.5%
	22.3%	11.3%
	26.2%	13.0%
	22.5%	20.1%
	6.6%	13.6%
	3.1%	8.3%
	1.5%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	11.2%	13.6%
	8.0%	13.2%
	18.1%	14.8%
	11.2%	13.6%
	16.5%	10.0%
	6.6%	4.7%
	19.2%	12.2%

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