Housing in 56544 Frazee, MN is quite desirable with a median value of $289,300. This is significantly lower than the US median house value of $338,100. Additionally, the 1 year appreciation for houses in this area is 8.21%, slightly lower than the US average of 8.27%. Overall, this makes Frazee an attractive option for potential homebuyers looking to invest in real estate and benefit from strong appreciation rates.
The median home cost in Frazee (zip 56544) is $289,300. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Frazee (zip 56544) is up 13.6%.
Average Age of Homes
- The median age of Frazee (zip 56544) real estate is 41 years old
The Rental Market in Frazee (zip 56544)
- Renters make up 12.3% of the Frazee (zip 56544) population
- 0.7% of houses and apartments in Frazee (zip 56544), 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.