Zip 56542 (Fosston, MN) Housing

The housing market in 56542 Fosston, MN is quite healthy. The median value of homes in the area is $178,200, much lower than the US median of $338,100. Despite this difference in value, both Fosston and the US have seen a similar percentage increase in home values over the past year at 8.21% and 8.27%, respectively. It's clear that housing prices are increasing steadily in both Fosston and across the country, making it a great time to invest in property or to make your next big move.

The median home cost in Fosston (zip 56542) is $178,200. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Fosston (zip 56542) is up 13.6%.

Average Age of Homes

- The median age of Fosston (zip 56542) real estate is 52 years old

The Rental Market in Fosston (zip 56542)

- Renters make up 24.5% of the Fosston (zip 56542) population
- 2.1% of houses and apartments in Fosston (zip 56542), 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	Fosston, Minnesota	United States
	1,233.0	139,647,020.0
	52	42
	$178,200	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$10.20	$10.98
	$1,566	$2,690
	61.4%	57.4%
	15.5%	11.2%
	23.1%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.7%	0.4%
	7.5%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	4.1%	2.4%
	3.4%	2.8%
	8.6%	3.9%
	9.0%	4.5%
	19.2%	11.3%
	21.7%	13.0%
	15.3%	20.1%
	6.6%	13.6%
	2.8%	8.3%
	5.0%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	11.8%	13.6%
	10.1%	13.2%
	16.1%	14.8%
	11.8%	13.6%
	6.9%	10.0%
	7.2%	4.7%
	27.5%	12.2%

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