The housing market in Hope, MN (Zip Code 56046) is thriving. The median value of homes in this area is currently $101,300, which is significantly less than the US House Median Value of $338,100. However, house appreciation in Hope has been higher than the US average over the past year at 11.33%, versus 8.27% nationally. This suggests that Hope real estate remains a solid investment and continues to increase in value year over year.
The median home cost in Hope (zip 56046) is $101,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Hope (zip 56046) is up 11.6%.
Average Age of Homes
- The median age of Hope (zip 56046) real estate is 69 years old
The Rental Market in Hope (zip 56046)
- Renters make up 16.7% of the Hope (zip 56046) population
- 0.0% of houses and apartments in Hope (zip 56046), 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.