The housing market in 56329 Foley, MN is on the rise with a median value at $268,400. This is significantly lower than the United States house median value of $338,100. Despite being lower than the national average, 56329 Foley experiences a healthy 7.75% appreciation rate in the last year which shows that people are interested in buying property in this area. This could be due to its location near various nature reserves and also its proximity to Minneapolis which makes it an attractive option for potential homeowners.
The median home cost in Foley (zip 56329) is $268,400. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Foley (zip 56329) is up 13.6%.
Average Age of Homes
- The median age of Foley (zip 56329) real estate is 36 years old
The Rental Market in Foley (zip 56329)
- Renters make up 13.8% of the Foley (zip 56329) population
- 0.0% of houses and apartments in Foley (zip 56329), 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.