Zip 56239 (Ghent, MN) Housing

The housing market in Ghent, MN (56239) is currently thriving. The median value of homes in this area is $180,100 which is lower than the US median value of $338,100. However, the one year appreciation rate of Ghent homes is 13.39%, which is higher than the national average of 8.27%. This suggests that now is an excellent time to invest in a home in Ghent, MN as property values are likely to continue increasing in the near future.

The median home cost in Ghent (zip 56239) is $180,100. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Ghent (zip 56239) is up 12.6%.

Average Age of Homes

- The median age of Ghent (zip 56239) real estate is 48 years old

The Rental Market in Ghent (zip 56239)

- Renters make up 10.4% of the Ghent (zip 56239) population
- 0.0% of houses and apartments in Ghent (zip 56239), 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	Ghent, Minnesota	United States
	252.0	139,647,020.0
	52	42
	$180,100	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$10.15	$10.98
	$1,708	$2,690
	80.2%	57.4%
	3.2%	11.2%
	16.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	5.0%	2.4%
	6.9%	2.8%
	4.5%	3.9%
	13.4%	4.5%
	19.8%	11.3%
	23.3%	13.0%
	16.3%	20.1%
	8.4%	13.6%
	0.0%	8.3%
	2.0%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	9.1%	13.6%
	13.1%	13.2%
	11.1%	14.8%
	9.1%	13.6%
	5.6%	10.0%
	9.1%	4.7%
	26.6%	12.2%

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