Zip 56142 (Ivanhoe, MN) Housing

Housing in 56142 Ivanhoe, MN has a median value of $115,700. This is significantly lower than the US median value of $338,100. However, it has seen an appreciation rate of 9.54% over the last year which is higher than the US average appreciation rate of 8.27%. Therefore, housing in this location is a relatively good investment opportunity for those looking to purchase real estate in the area.

The median home cost in Ivanhoe (zip 56142) is $115,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Ivanhoe (zip 56142) is up 14.7%.

Average Age of Homes

- The median age of Ivanhoe (zip 56142) real estate is 60 years old

The Rental Market in Ivanhoe (zip 56142)

- Renters make up 16.5% of the Ivanhoe (zip 56142) population
- 9.1% of houses and apartments in Ivanhoe (zip 56142), 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	Ivanhoe, Minnesota	United States
	540.0	139,647,020.0
	62	42
	$115,700	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$11.34	$10.98
	$1,293	$2,690
	68.5%	57.4%
	20.7%	11.2%
	10.7%	31.4%
Vacant Housing
	9.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	3.7%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	13.0%	2.4%
	20.3%	2.8%
	19.5%	3.9%
	6.8%	4.5%
	14.3%	11.3%
	3.2%	13.0%
	12.2%	20.1%
	3.8%	13.6%
	1.4%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	1.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.4%	13.6%
	5.4%	13.6%
	4.1%	13.6%
	6.5%	13.2%
	21.7%	14.8%
	4.1%	13.6%
	11.9%	10.0%
	10.4%	4.7%
	29.1%	12.2%

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