Housing in the 55724 Cotton, MN area is very desirable. The median value for homes is currently $200,500, which is much lower than the US median of $338,100. Not only that, but the 1 year appreciation rate is also higher here at 13.08% compared to the US average of 8.27%. This means that real estate value in this region has been growing at a faster rate and making it an attractive option for potential home buyers.
The median home cost in Cotton (zip 55724) is $200,500. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Cotton (zip 55724) is up 13.2%.
Average Age of Homes
- The median age of Cotton (zip 55724) real estate is 39 years old
The Rental Market in Cotton (zip 55724)
- Renters make up 2.0% of the Cotton (zip 55724) population
- 0.0% of houses and apartments in Cotton (zip 55724), 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.