Zip 56537 (Fergus Falls, MN) Housing

Fergus Falls, MN has an impressive median value for housing of $220,900. Compared to the US House Median Value of $338,100, Fergus Falls is quite affordable. Homeowners in Fergus Falls have also seen an appreciation rate of 8.21%, which is just slightly lower than the US house appreciation rate of 8.27%. With this in mind, it is clear that investing in real estate in Fergus Falls is a smart move for those looking to build equity over time.

The median home cost in Fergus Falls (zip 56537) is $220,900. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Fergus Falls (zip 56537) is up 13.6%.

Average Age of Homes

- The median age of Fergus Falls (zip 56537) real estate is 47 years old

The Rental Market in Fergus Falls (zip 56537)

- Renters make up 27.3% of the Fergus Falls (zip 56537) population
- 3.1% of houses and apartments in Fergus Falls (zip 56537), 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	Fergus Falls, Minnesota	United States
	9,628.0	139,647,020.0
	49	42
	$220,900	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$8.86	$10.98
	$1,522	$2,690
	63.6%	57.4%
	10.6%	11.2%
	25.8%	31.4%
Vacant Housing
	3.1%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	4.8%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	2.7%	2.4%
	1.6%	2.8%
	5.4%	3.9%
	9.8%	4.5%
	20.0%	11.3%
	15.7%	13.0%
	25.9%	20.1%
	9.1%	13.6%
	3.5%	8.3%
	2.5%	9.7%
	0.6%	3.9%
	0.6%	2.2%
	0.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.4%	13.6%
	9.4%	13.6%
	12.7%	13.6%
	11.7%	13.2%
	12.5%	14.8%
	12.7%	13.6%
	10.4%	10.0%
	7.3%	4.7%
	17.7%	12.2%

Reviews for Fergus Falls

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Robert · Fergus Falls, MN

So so sad

Over 6 years ago

I've lived in this city past 15 year, I've watch it crumble. In the past 5 years over 9 businesses closed down including target herbugers KFC and several smaller More