Zip 56641 (Federal Dam, MN) Housing

Housing in 56641 Federal Dam, MN is certainly a great value. The median housing value is $234,700, which is considerably lower than the national median of $338,100. Additionally, the one year house appreciation rate in 56641 Federal Dam, MN is 15.27%, much higher than the national average of 8.27%. This makes 56641 Federal Dam, MN an attractive option for real estate investors looking for a good return on their investment.

The median home cost in Federal Dam (zip 56641) is $234,700. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Federal Dam (zip 56641) is up 19.7%.

Average Age of Homes

- The median age of Federal Dam (zip 56641) real estate is 29 years old

The Rental Market in Federal Dam (zip 56641)

- Renters make up 10.2% of the Federal Dam (zip 56641) population
- 0.3% of houses and apartments in Federal Dam (zip 56641), 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	Federal Dam, Minnesota	United States
	323.0	139,647,020.0
	27	42
	$234,700	$338,100
	19.7%	16.6%
	58.3%	57.0%
	68.4%	101.1%
	$6.36	$10.98
	$867	$2,690
	31.3%	57.4%
	59.1%	11.2%
	9.6%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	51.4%	3.6%
	7.4%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	1.0%	2.4%
	13.9%	2.8%
	10.9%	3.9%
	3.0%	4.5%
	16.8%	11.3%
	13.9%	13.0%
	15.8%	20.1%
	18.8%	13.6%
	1.0%	8.3%
	4.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	35.3%	13.6%
	35.3%	13.6%
	9.9%	13.6%
	10.2%	13.2%
	15.8%	14.8%
	9.9%	13.6%
	4.6%	10.0%
	4.0%	4.7%
	2.5%	12.2%

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