The housing market in 55603 Finland, MN is very strong. The median value of homes in the area is $223,700, which is significantly lower than the US housing median value of $338,100. However, home appreciation in Finland, MN over the past year has been much higher than the national average at 12.16%, compared to 8.27%. This indicates that real estate prices are continuing to increase rapidly and could be a good choice for potential buyers and investors looking for a place to call home.
The median home cost in Finland (zip 55603) is $223,700. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Finland (zip 55603) is up 13.9%.
Average Age of Homes
- The median age of Finland (zip 55603) real estate is 40 years old
The Rental Market in Finland (zip 55603)
- Renters make up 4.5% of the Finland (zip 55603) population
- 0.0% of houses and apartments in Finland (zip 55603), 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.