The housing market in 55726 Cromwell, MN is doing particularly well. According to the data, the median value of a home in this area is $189,400 which is much less than the US House Median Value of $338,100. Additionally, the one year house appreciation rate for this location is 13.08%, which is much higher than the US 1 year House Appreciation of 8.27%. This shows that Cromwell's housing market is experiencing a healthy growth and may be an attractive option for potential buyers and investors looking to enter into the market.
The median home cost in Cromwell (zip 55726) is $189,400. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Cromwell (zip 55726) is up 13.2%.
Average Age of Homes
- The median age of Cromwell (zip 55726) real estate is 38 years old
The Rental Market in Cromwell (zip 55726)
- Renters make up 15.4% of the Cromwell (zip 55726) population
- 1.1% of houses and apartments in Cromwell (zip 55726), 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.