The housing in Grand Meadow, MN (zip code 55936) is significantly cheaper than the US median value of $338,100. The median value for housing in Grand Meadow is just $240,200, which is 28% lower than the national median. Despite this lower cost, Grand Meadow still saw a positive appreciation rate of 6.78% over the past year, which was slightly below the national average of 8.27%. This suggests that there is still significant demand for housing in Grand Meadow and investors are keen to take advantage of the more affordable price point.
The median home cost in Grand Meadow (zip 55936) is $240,200. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Grand Meadow (zip 55936) is up 11.4%.
Average Age of Homes
- The median age of Grand Meadow (zip 55936) real estate is 51 years old
The Rental Market in Grand Meadow (zip 55936)
- Renters make up 17.1% of the Grand Meadow (zip 55936) population
- 2.5% of houses and apartments in Grand Meadow (zip 55936), 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.