Zip 56055 (Lake Crystal, MN) Housing

The housing market in 56055 Lake Crystal, MN is booming! The median house value in this area is $255,000, which is significantly lower than the US median of $338,100. However, it has appreciated by a higher rate over the past year at 11.33%, compared to the US average of 8.27%. This means that property values are likely to continue to increase in this region, making it an ideal area for investment or to purchase a home.

The median home cost in Lake Crystal (zip 56055) is $255,000. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Lake Crystal (zip 56055) is up 11.6%.

Average Age of Homes

- The median age of Lake Crystal (zip 56055) real estate is 47 years old

The Rental Market in Lake Crystal (zip 56055)

- Renters make up 13.6% of the Lake Crystal (zip 56055) population
- 0.0% of houses and apartments in Lake Crystal (zip 56055), 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	Lake Crystal, Minnesota	United States
	1,661.0	139,647,020.0
	50	42
	$255,000	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$10.06	$10.98
	$1,815	$2,690
	78.4%	57.4%
	3.7%	11.2%
	17.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	1.5%	2.4%
	0.4%	2.8%
	3.8%	3.9%
	7.4%	4.5%
	20.1%	11.3%
	24.1%	13.0%
	26.9%	20.1%
	8.4%	13.6%
	2.5%	8.3%
	2.4%	9.7%
	1.2%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.5%	13.6%
	16.5%	13.6%
	9.5%	13.6%
	7.5%	13.2%
	17.0%	14.8%
	9.5%	13.6%
	8.7%	10.0%
	2.5%	4.7%
	30.3%	12.2%

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