The housing market in 56149 Lake Benton, MN is doing well with a median value of $146,900. This is significantly lower than the US median value of $338,100, making homes in 56149 Lake Benton more affordable. Prices have been appreciating too: the US median has gone up 8.27% within the last year while the median in 56149 Lake Benton appreciated 9.54%. With increasing house prices and a lower median value than the rest of the country, now could be the perfect time to invest in this area for those looking for a good deal on their new home.
The median home cost in Lake Benton (zip 56149) is $146,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Lake Benton (zip 56149) is up 14.7%.
Average Age of Homes
- The median age of Lake Benton (zip 56149) real estate is 52 years old
The Rental Market in Lake Benton (zip 56149)
- Renters make up 15.9% of the Lake Benton (zip 56149) population
- 1.6% of houses and apartments in Lake Benton (zip 56149), 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.