Zip 56068 (Minnesota Lake, MN) Housing

Minnesota Lake, MN (56068) has a median housing value of $183,400, which is much lower than the national median value of $338,100. Despite this, the 1 year appreciation rate for housing in Minnesota Lake is 11.33%, which is higher than the national rate of 8.27%. This means that housing in Minnesota Lake has experienced an increase in value over the past year. For those looking to invest in real estate in this area, they can expect to see a healthy return on their investment.

The median home cost in Minnesota Lake (zip 56068) is $183,400. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Minnesota Lake (zip 56068) is up 11.6%.

Average Age of Homes

- The median age of Minnesota Lake (zip 56068) real estate is 63 years old

The Rental Market in Minnesota Lake (zip 56068)

- Renters make up 11.5% of the Minnesota Lake (zip 56068) population
- 1.7% of houses and apartments in Minnesota Lake (zip 56068), 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	Minnesota Lake, Minnesota	United States
	461.0	139,647,020.0
	64	42
	$183,400	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$11.00	$10.98
	$1,495	$2,690
	71.4%	57.4%
	12.6%	11.2%
	16.1%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	2.8%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	6.9%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	4.6%	2.4%
	4.0%	2.8%
	8.5%	3.9%
	11.9%	4.5%
	27.7%	11.3%
	15.8%	13.0%
	14.6%	20.1%
	6.1%	13.6%
	2.7%	8.3%
	1.2%	9.7%
	0.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.7%	13.6%
	3.7%	13.6%
	5.2%	13.6%
	6.7%	13.2%
	21.3%	14.8%
	5.2%	13.6%
	12.6%	10.0%
	5.2%	4.7%
	35.6%	12.2%

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