The housing market in 56536 Felton, Minnesota is thriving. The median value of homes in the area is $215,400, which is lower than the US median of $338,100. The one-year house appreciation rate for this area is 8.21%, which is slightly lower than the national average of 8.27%. Homeowners in this area can expect to see a slight increase in value from their investments over time. With the combination of lower prices and good appreciation rates, Felton has become an attractive option for those looking to buy or invest in real estate.
The median home cost in Felton (zip 56536) is $215,400. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Felton (zip 56536) is up 13.6%.
Average Age of Homes
- The median age of Felton (zip 56536) real estate is 47 years old
The Rental Market in Felton (zip 56536)
- Renters make up 11.1% of the Felton (zip 56536) population
- 0.0% of houses and apartments in Felton (zip 56536), 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.