Housing in 56138 Hills, MN has a median value of $186,200, which is significantly lower than the US median value of $338,100. Despite this difference, however, the 1 year house appreciation rate in 56138 Hills is slightly higher than the national rate at 9.54%, indicating an overall positive trend in the local housing market. Therefore, although 56138 Hills' housing market may not be as strong as other areas of the country, it can still provide potential buyers with good investment opportunities and steady growth potential for years to come.
The median home cost in Hills (zip 56138) is $186,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Hills (zip 56138) is up 14.7%.
Average Age of Homes
- The median age of Hills (zip 56138) real estate is 51 years old
The Rental Market in Hills (zip 56138)
- Renters make up 20.9% of the Hills (zip 56138) population
- 2.9% of houses and apartments in Hills (zip 56138), 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.