Zip 55342 (Hector, MN) Housing

Housing in 55342 Hector, MN is currently valued at a median of $157,600, which is significantly lower than the US house median of $338,100. In the past year, the US housing market has seen an appreciation of 8.27%, while in Hector the appreciation rate has been 6.82%. Therefore, living in Hector can offer potential homebuyers a more affordable option when considering real estate prices and cost of living.

The median home cost in Hector (zip 55342) is $157,600. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Hector (zip 55342) is up 11.0%.

Average Age of Homes

- The median age of Hector (zip 55342) real estate is 59 years old

The Rental Market in Hector (zip 55342)

- Renters make up 16.6% of the Hector (zip 55342) population
- 2.9% of houses and apartments in Hector (zip 55342), 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	Hector, Minnesota	United States
	898.0	139,647,020.0
	65	42
	$157,600	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.52	$10.98
	$1,227	$2,690
	66.3%	57.4%
	19.5%	11.2%
	14.3%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.0%	0.4%
	0.8%	3.6%
	14.8%	4.1%
Value of Owner-Occupied Housing
	9.1%	2.6%
	4.5%	2.4%
	5.7%	2.8%
	13.8%	3.9%
	12.3%	4.5%
	22.4%	11.3%
	16.6%	13.0%
	8.7%	20.1%
	4.0%	13.6%
	0.5%	8.3%
	1.7%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	4.5%	13.6%
	3.6%	13.2%
	13.4%	14.8%
	4.5%	13.6%
	15.0%	10.0%
	8.7%	4.7%
	32.0%	12.2%

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