The housing market in 56646 Gully, MN is thriving. The median value of homes in the area is $237,300, significantly lower than the US median value of $338,100. However, in the past year, the appreciation rate of homes in this area has been higher than the national average at 15.27%, compared to 8.27% for the US overall. This indicates that Gully is an attractive place to live and invest, and that its home prices may continue to rise in coming years.
The median home cost in Gully (zip 56646) is $237,300. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Gully (zip 56646) is up 19.7%.
Average Age of Homes
- The median age of Gully (zip 56646) real estate is 71 years old
The Rental Market in Gully (zip 56646)
- Renters make up 16.4% of the Gully (zip 56646) population
- 3.3% of houses and apartments in Gully (zip 56646), 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.