Zip 56534 (Erhard, MN) Housing

The housing market in 56534 Erhard, MN is on par with the national average. Median value for homes in this area is $277,400, a few thousand dollars shy of the US median of $338,100. Despite the difference in median value, both housing markets have enjoyed a similar rate of appreciation over the last year at 8.21% and 8.27%, respectively. This indicates overall stability in the housing market for 56534 Erhard, MN.

The median home cost in Erhard (zip 56534) is $277,400. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Erhard (zip 56534) is up 13.6%.

Average Age of Homes

- The median age of Erhard (zip 56534) real estate is 42 years old

The Rental Market in Erhard (zip 56534)

- Renters make up 10.0% of the Erhard (zip 56534) population
- 0.0% of houses and apartments in Erhard (zip 56534), 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	Erhard, Minnesota	United States
	718.0	139,647,020.0
	44	42
	$277,400	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$7.78	$10.98
	$1,454	$2,690
	68.0%	57.4%
	26.2%	11.2%
	5.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.0%	0.4%
	20.1%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	3.5%	2.4%
	9.0%	2.8%
	2.3%	3.9%
	5.5%	4.5%
	19.3%	11.3%
	12.3%	13.0%
	17.2%	20.1%
	10.2%	13.6%
	15.0%	8.3%
	4.3%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.4%	13.6%
	11.4%	13.6%
	10.6%	13.6%
	9.3%	13.2%
	21.2%	14.8%
	10.6%	13.6%
	6.0%	10.0%
	6.0%	4.7%
	17.7%	12.2%

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