The housing market in 55736 Floodwood, MN is booming. The median value for homes in the area is $141,800, which is considerably lower than the US median of $338,100. Furthermore, the appreciation rate for housing in Floodwood has seen an impressive 13.08% growth over the past year, significantly higher than the 8.27% national average. This makes it clear that now is a great time to buy or invest in property in 55736 Floodwood, MN.
The median home cost in Floodwood (zip 55736) is $141,800. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Floodwood (zip 55736) is up 13.2%.
Average Age of Homes
- The median age of Floodwood (zip 55736) real estate is 44 years old
The Rental Market in Floodwood (zip 55736)
- Renters make up 12.8% of the Floodwood (zip 55736) population
- 0.0% of houses and apartments in Floodwood (zip 55736), 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.