Zip 55332 (Fairfax, MN) Housing

The housing market in Fairfax, MN 55332 is a great place to invest. The median value of homes in Fairfax is $151,900, which is much lower than the US median value of $338,100. In the past year, the appreciation rate for homes in Fairfax was 6.82%, slightly lower than the US average appreciation rate of 8.27%. This makes investing in a home here a fantastic opportunity that won't break the bank.

The median home cost in Fairfax (zip 55332) is $151,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Fairfax (zip 55332) is up 11.0%.

Average Age of Homes

- The median age of Fairfax (zip 55332) real estate is 64 years old

The Rental Market in Fairfax (zip 55332)

- Renters make up 19.9% of the Fairfax (zip 55332) population
- 0.0% of houses and apartments in Fairfax (zip 55332), 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	Fairfax, Minnesota	United States
	874.0	139,647,020.0
	71	42
	$151,900	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.54	$10.98
	$1,168	$2,690
	73.7%	57.4%
	12.5%	11.2%
	13.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	1.1%	3.6%
	10.4%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	7.6%	2.4%
	9.8%	2.8%
	15.7%	3.9%
	14.1%	4.5%
	18.2%	11.3%
	14.9%	13.0%
	10.1%	20.1%
	4.7%	13.6%
	0.8%	8.3%
	0.9%	9.7%
	0.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.6%	13.6%
	1.6%	13.6%
	3.8%	13.6%
	5.8%	13.2%
	11.4%	14.8%
	3.8%	13.6%
	18.3%	10.0%
	4.6%	4.7%
	45.3%	12.2%

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