Housing in 56551 Henning, MN is quite desirable. The housing median value is $231,900, which is significantly lower than the US House Median Value of $338,100. Despite the lower value, the appreciation rate of 8.21% is only slightly lower than the US 1 year House Appreciation rate of 8.27%. This makes investing in real estate in 56551 Henning a potentially lucrative option for those looking to capitalize on appreciation and build their wealth.
The median home cost in Henning (zip 56551) is $231,900. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Henning (zip 56551) is up 13.6%.
Average Age of Homes
- The median age of Henning (zip 56551) real estate is 46 years old
The Rental Market in Henning (zip 56551)
- Renters make up 11.8% of the Henning (zip 56551) population
- 1.9% of houses and apartments in Henning (zip 56551), 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.