The housing market in Fort Ripley, MN (zip code 56449) is doing well when compared to the national average. The median value of a home in the area is $296,700 which is significantly lower than the national median of $338,100. Even more impressive is the one year appreciation rate of 12.38%, which is higher than the national average of 8.27%. This means that homes are increasing in value at a rapid pace, making Fort Ripley an attractive option for potential buyers and sellers.
The median home cost in Fort Ripley (zip 56449) is $296,700. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Fort Ripley (zip 56449) is up 20.4%.
Average Age of Homes
- The median age of Fort Ripley (zip 56449) real estate is 26 years old
The Rental Market in Fort Ripley (zip 56449)
- Renters make up 8.6% of the Fort Ripley (zip 56449) population
- 0.1% of houses and apartments in Fort Ripley (zip 56449), 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.