Zip 56545 (Gary, MN) Housing

The housing market in Gary, Minnesota (56545) is similar to the rest of the United States in terms of median value, which currently sits at $186,500. The US median house value is $338,100, and over the past year appreciation has risen 8.27%. Home values in Gary have seen a similar increase of 8.21% during this time period. Overall, the housing market in Gary remains strong with steady growth over the past year.

The median home cost in Gary (zip 56545) is $186,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Gary (zip 56545) is up 13.6%.

Average Age of Homes

- The median age of Gary (zip 56545) real estate is 53 years old

The Rental Market in Gary (zip 56545)

- Renters make up 10.8% of the Gary (zip 56545) population
- 0.0% of houses and apartments in Gary (zip 56545), 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	Gary, Minnesota	United States
	322.0	139,647,020.0
	59	42
	$186,500	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$10.74	$10.98
	$1,234	$2,690
	73.9%	57.4%
	16.8%	11.2%
	9.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.1%	3.6%
	13.7%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	5.5%	2.4%
	8.4%	2.8%
	13.0%	3.9%
	8.4%	4.5%
	17.2%	11.3%
	19.7%	13.0%
	17.2%	20.1%
	6.7%	13.6%
	1.7%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	11.8%	13.6%
	11.8%	13.6%
	7.1%	13.6%
	5.3%	13.2%
	14.3%	14.8%
	7.1%	13.6%
	6.2%	10.0%
	5.9%	4.7%
	36.3%	12.2%

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