Zip 56237 (Echo, MN) Housing

The housing market in 56237 Echo, MN is performing significantly better than the US average. The median value of a house in 56237 Echo, MN is $145,000 which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate for 56237 Echo, MN is 13.39%, much higher than the US average of 8.27%. This reflects a healthy and growing real estate market in 56237 Echo, MN that has increased in value over the last year.

The median home cost in Echo (zip 56237) is $145,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Echo (zip 56237) is up 12.6%.

Average Age of Homes

- The median age of Echo (zip 56237) real estate is 75 years old

The Rental Market in Echo (zip 56237)

- Renters make up 12.5% of the Echo (zip 56237) population
- 0.0% of houses and apartments in Echo (zip 56237), 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	Echo, Minnesota	United States
	288.0	139,647,020.0
	66	42
	$145,000	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$10.97	$10.98
	$1,343	$2,690
	72.6%	57.4%
	14.2%	11.2%
	13.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	1.7%	0.4%
	3.5%	3.6%
	8.3%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	12.9%	2.4%
	11.0%	2.8%
	6.7%	3.9%
	14.4%	4.5%
	8.6%	11.3%
	20.1%	13.0%
	12.0%	20.1%
	3.8%	13.6%
	3.8%	8.3%
	1.4%	9.7%
	0.0%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	3.1%	13.6%
	4.9%	13.2%
	10.8%	14.8%
	3.1%	13.6%
	11.5%	10.0%
	4.9%	4.7%
	53.8%	12.2%

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