The housing market in 56153 Leota, MN is thriving. The median value of a home in the area is $80,500, compared to the national median of $338,100. This indicates that homes in the area are more affordable than other parts of the country. In addition, over the past year Leota has experienced an impressive house appreciation of 9.54%, higher than the US average of 8.27%. This suggests that homeowners can expect their property values to continue increasing in the near future. With its lower prices and higher appreciation rate, 56153 Leota, MN is an attractive area for potential buyers and investors alike.
The median home cost in Leota (zip 56153) is $80,500. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Leota (zip 56153) is up 14.7%.
Average Age of Homes
- The median age of Leota (zip 56153) real estate is 60 years old
The Rental Market in Leota (zip 56153)
- Renters make up 4.5% of the Leota (zip 56153) population
- 0.0% of houses and apartments in Leota (zip 56153), 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.