The housing in 56647 Hines, MN is a great investment for potential home buyers. The median value of a house in this area is $208,100, which is significantly lower than the US median value of $338,100. In addition, the 1 year appreciation rate for housing in 56647 Hines is 15.27%, which is higher than the 8.27% national average. This means that not only can potential home buyers get good value on their purchase but they can also expect to see a healthy return on their investment over time.
The median home cost in Hines (zip 56647) is $208,100. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Hines (zip 56647) is up 19.7%.
Average Age of Homes
- The median age of Hines (zip 56647) real estate is 39 years old
The Rental Market in Hines (zip 56647)
- Renters make up 5.9% of the Hines (zip 56647) population
- 1.1% of houses and apartments in Hines (zip 56647), 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.