Zip 55763 (Makinen, MN) Housing


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Minnesota / Duluth Metro Area / St. Louis County / No City / Makinen (zip 55763)
The average housing median value in 55763 Makinen, MN is $180,700, which is considerably lower than the national average of $338,100. Despite its lower house value, the area has seen an impressive appreciation rate of 13.08% over the past year, compared to the national rate of 8.27%. This means that homeowners in 55763 Makinen have seen their property values increase at a higher than average rate over the last 12 months. With such promising house appreciation rates and prices still well below US averages, 55763 Makinen makes an attractive option for potential home buyers looking to invest in the real estate market.

The median home cost in Makinen (zip 55763) is $180,700. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Makinen (zip 55763) is up 13.2%.

Average Age of Homes
- The median age of Makinen (zip 55763) real estate is 42 years old
The Rental Market in Makinen (zip 55763)
- Renters make up 4.7% of the Makinen (zip 55763) population
- 0.0% of houses and apartments in Makinen (zip 55763), 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

  HousingMakinen, MinnesotaUnited States
  821.0139,647,020.0
  4042
  $180,700$338,100
  13.2%16.6%
  50.0%57.0%
  60.0%101.1%
  $10.81$10.98
  $1,311$2,690
  31.5%57.4%
  65.7%11.2%
  2.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  64.6%3.6%
  1.1%4.1%
  Value of Owner-Occupied Housing
  1.5%2.6%
  3.9%2.4%
  0.0%2.8%
  2.3%3.9%
  14.3%4.5%
  24.3%11.3%
  23.9%13.0%
  20.1%20.1%
  5.8%13.6%
  1.9%8.3%
  0.8%9.7%
  0.0%3.9%
  0.0%2.2%
  0.8%0.8%
  0.4%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  20.7%13.6%
  20.7%13.6%
  17.2%13.6%
  11.3%13.2%
  21.1%14.8%
  17.2%13.6%
  6.2%10.0%
  1.9%4.7%
  6.7%12.2%
Commute