Housing in 55725 Crane Lake, MN is quite valuable. The median value of a house in the area is $329,500, slightly lower than the US median value of $338,100. However, over the past year there has been a higher appreciation rate of 13.08%, compared to 8.27% across the US. This makes 55725 Crane Lake an attractive option for potential homeowners looking at investing in real estate.
The median home cost in Crane Lake (zip 55725) is $329,500. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Crane Lake (zip 55725) is up 13.2%.
Average Age of Homes
- The median age of Crane Lake (zip 55725) real estate is 34 years old
The Rental Market in Crane Lake (zip 55725)
- Renters make up 2.7% of the Crane Lake (zip 55725) population
- 0.3% of houses and apartments in Crane Lake (zip 55725), 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.