Zip 56271 (Murdock, MN) Housing

The housing market in 56271 Murdock, MN is booming. The median value of homes in the area is $200,400, which is well below the US median value of $338,100. However, over the past year, homes in Murdock have appreciated by 13.39%, compared to the US average appreciation rate of 8.27%. This higher rate of appreciation makes Murdock an attractive place to invest in property and suggests that it is a desirable place to live.

The median home cost in Murdock (zip 56271) is $200,400. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Murdock (zip 56271) is up 12.6%.

Average Age of Homes

- The median age of Murdock (zip 56271) real estate is 78 years old

The Rental Market in Murdock (zip 56271)

- Renters make up 15.3% of the Murdock (zip 56271) population
- 0.0% of houses and apartments in Murdock (zip 56271), 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	Murdock, Minnesota	United States
	571.0	139,647,020.0
	60	42
	$200,400	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$7.62	$10.98
	$1,180	$2,690
	65.7%	57.4%
	11.2%	11.2%
	23.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	5.6%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	3.2%	2.4%
	7.2%	2.8%
	10.1%	3.9%
	8.8%	4.5%
	18.4%	11.3%
	14.9%	13.0%
	13.6%	20.1%
	15.2%	13.6%
	2.7%	8.3%
	0.8%	9.7%
	3.2%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	13.5%	13.6%
	4.7%	13.2%
	10.0%	14.8%
	13.5%	13.6%
	7.5%	10.0%
	7.0%	4.7%
	34.3%	12.2%

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