Zip 56347 (Long Prairie, MN) Housing

The housing market in 56347 Long Prairie, MN is relatively strong. The median value of a house in this area is $212,000, which is significantly lower than the US median value of $338,100. Despite this difference, the appreciation rate for houses in this area has been 7.75%, which is only slightly lower than the US national 1 year house appreciation rate of 8.27%. This shows that the housing market in 56347 Long Prairie, MN is stable and healthy with growth potential.

The median home cost in Long Prairie (zip 56347) is $212,000. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Long Prairie (zip 56347) is up 13.6%.

Average Age of Homes

- The median age of Long Prairie (zip 56347) real estate is 45 years old

The Rental Market in Long Prairie (zip 56347)

- Renters make up 21.6% of the Long Prairie (zip 56347) population
- 2.8% of houses and apartments in Long Prairie (zip 56347), 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	Long Prairie, Minnesota	United States
	3,361.0	139,647,020.0
	47	42
	$212,000	$338,100
	13.6%	16.6%
	50.2%	57.0%
	77.8%	101.1%
	$10.47	$10.98
	$1,587	$2,690
	65.7%	57.4%
	13.2%	11.2%
	21.2%	31.4%
Vacant Housing
	2.8%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.3%	0.4%
	6.4%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	2.9%	2.4%
	3.7%	2.8%
	6.6%	3.9%
	11.4%	4.5%
	21.8%	11.3%
	19.4%	13.0%
	18.4%	20.1%
	8.2%	13.6%
	2.0%	8.3%
	2.4%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	8.8%	13.6%
	10.7%	13.2%
	19.5%	14.8%
	8.8%	13.6%
	7.3%	10.0%
	4.3%	4.7%
	21.5%	12.2%

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