The median value of housing in 55954 Mabel, Minnesota is $182,000, which is much lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the house 1 year appreciation rate in 55954 Mabel, MN is 6.78%. This indicates that while the appreciation rate for houses in 55954 Mabel, MN is lower than the US average, it is still a good investment opportunity. With a reasonable median value of housing and a slightly lower appreciation rate than the national average, this area may be ideal for those looking to purchase real estate in the near future.
The median home cost in Mabel (zip 55954) is $182,000. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Mabel (zip 55954) is up 11.4%.
Average Age of Homes
- The median age of Mabel (zip 55954) real estate is 60 years old
The Rental Market in Mabel (zip 55954)
- Renters make up 15.0% of the Mabel (zip 55954) population
- 3.3% of houses and apartments in Mabel (zip 55954), 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.