Zip 56039 (Granada, MN) Housing

The housing market in Granada, MN (56039) is performing better than the national average. The median value of a home in this area is $245,100, which is lower than the median value across the United States ($338,100). However, over the past year, house values have appreciated by 11.33%, compared to 8.27% nationally. This suggests that Granada's housing market is performing particularly well and could be a great option for potential buyers looking for an appreciating investment.

The median home cost in Granada (zip 56039) is $245,100. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Granada (zip 56039) is up 11.6%.

Average Age of Homes

- The median age of Granada (zip 56039) real estate is 72 years old

The Rental Market in Granada (zip 56039)

- Renters make up 18.5% of the Granada (zip 56039) population
- 0.9% of houses and apartments in Granada (zip 56039), 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	Granada, Minnesota	United States
	429.0	139,647,020.0
	78	42
	$245,100	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$10.42	$10.98
	$1,432	$2,690
	74.6%	57.4%
	16.3%	11.2%
	9.1%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	2.6%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	12.6%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	13.1%	2.4%
	5.6%	2.8%
	5.6%	3.9%
	6.3%	4.5%
	25.0%	11.3%
	13.4%	13.0%
	16.3%	20.1%
	3.4%	13.6%
	2.2%	8.3%
	3.8%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.7%	13.6%
	3.7%	13.6%
	2.8%	13.6%
	5.4%	13.2%
	11.9%	14.8%
	2.8%	13.6%
	6.8%	10.0%
	10.5%	4.7%
	47.1%	12.2%

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