Zip 56227 (Correll, MN) Housing

The housing market in 56227 Correll, MN is doing incredibly well. Compared to the US house median value of $338,100, the housing median value in Correll is $217,300 – significantly lower and more affordable for prospective buyers. The US 1 year house appreciation rate of 8.27% pales in comparison to the 13.39% appreciation rate seen in Correll over the past year. This could mean that now is the ideal time to invest in Correll real estate as prices could be on the rise soon.

The median home cost in Correll (zip 56227) is $217,300. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Correll (zip 56227) is up 12.6%.

Average Age of Homes

- The median age of Correll (zip 56227) real estate is 78 years old

The Rental Market in Correll (zip 56227)

- Renters make up 6.6% of the Correll (zip 56227) population
- 0.0% of houses and apartments in Correll (zip 56227), 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	Correll, Minnesota	United States
	140.0	139,647,020.0
	63	42
	$217,300	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$9.01	$10.98
	$1,044	$2,690
	66.4%	57.4%
	20.0%	11.2%
	13.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	15.7%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	7.5%	2.4%
	7.5%	2.8%
	0.0%	3.9%
	4.3%	4.5%
	18.3%	11.3%
	7.5%	13.0%
	37.6%	20.1%
	11.8%	13.6%
	3.2%	8.3%
	2.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.1%	13.6%
	2.1%	13.6%
	0.7%	13.6%
	1.4%	13.2%
	5.7%	14.8%
	0.7%	13.6%
	0.7%	10.0%
	5.0%	4.7%
	57.1%	12.2%

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