The housing market in 56342 Isle, MN is very healthy. The median value of a home in this area is $247,200, which is slightly lower than the US median value of $338,100. In the last year, the appreciation rate of houses in 56342 Isle has been 7.75%, slightly lower than the US average appreciation rate of 8.27%. This indicates that while homes may take longer to sell in this area compared to other parts of the country, prices are still rising as more and more people seek out homes in this area.
The median home cost in Isle (zip 56342) is $247,200. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Isle (zip 56342) is up 13.6%.
Average Age of Homes
- The median age of Isle (zip 56342) real estate is 33 years old
The Rental Market in Isle (zip 56342)
- Renters make up 7.6% of the Isle (zip 56342) population
- 0.9% of houses and apartments in Isle (zip 56342), 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.