The housing market in 55354 Lester Prairie, MN is an affordable option with a median house value of $286,200, which is significantly lower than the US median house value of $338,100. This makes it a great option for potential buyers looking to purchase a home. In the past year, the appreciation rate for houses in this area was 6.82%, slightly lower than the US 1 year appreciation rate of 8.27%. However, this trend is expected to continue over time as more people discover this area's affordability and beauty.
The median home cost in Lester Prairie (zip 55354) is $286,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Lester Prairie (zip 55354) is up 11.0%.
Average Age of Homes
- The median age of Lester Prairie (zip 55354) real estate is 46 years old
The Rental Market in Lester Prairie (zip 55354)
- Renters make up 14.6% of the Lester Prairie (zip 55354) population
- 1.3% of houses and apartments in Lester Prairie (zip 55354), 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.