The residential housing market in 56334 Glenwood, MN has been performing well over the past year. The median value of houses in the area is $268,100, which is significantly lower than the US house median value of $338,100. Despite this disparity, the area has still seen an impressive 7.75% increase in housing prices over the past 12 months, which is slightly below the US average annual appreciation rate of 8.27%. As such, now could be a great time to invest in real estate in 56334 Glenwood, MN and take advantage of a growing market.
The median home cost in Glenwood (zip 56334) is $268,100. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Glenwood (zip 56334) is up 13.6%.
Average Age of Homes
- The median age of Glenwood (zip 56334) real estate is 43 years old
The Rental Market in Glenwood (zip 56334)
- Renters make up 17.7% of the Glenwood (zip 56334) population
- 0.0% of houses and apartments in Glenwood (zip 56334), 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.