Zip 55606 (Hovland, MN) Housing

Housing in 55606 Hovland, MN is a great investment right now. The median value of homes in the area is $310,500, which is significantly lower than the national median value of $338,100. Additionally, house appreciation in the area has been higher than the national rate over the past year at 12.16%, compared to 8.27%. This makes it a great time to invest in real estate in this area as it offers significant potential for growth and return on investment.

The median home cost in Hovland (zip 55606) is $310,500. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Hovland (zip 55606) is up 13.9%.

Average Age of Homes

- The median age of Hovland (zip 55606) real estate is 21 years old

The Rental Market in Hovland (zip 55606)

- Renters make up 6.6% of the Hovland (zip 55606) population
- 0.0% of houses and apartments in Hovland (zip 55606), 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	Hovland, Minnesota	United States
	486.0	139,647,020.0
	29	42
	$310,500	$338,100
	13.9%	16.6%
	49.8%	57.0%
	70.1%	101.1%
	$8.04	$10.98
	$2,474	$2,690
	21.8%	57.4%
	78.2%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	75.1%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	6.6%	3.9%
	0.0%	4.5%
	10.4%	11.3%
	14.2%	13.0%
	26.4%	20.1%
	29.2%	13.6%
	13.2%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	35.6%	13.6%
	35.6%	13.6%
	18.1%	13.6%
	19.3%	13.2%
	0.0%	14.8%
	18.1%	13.6%
	0.0%	10.0%
	6.4%	4.7%
	3.3%	12.2%

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