Zip 56467 (Nevis, MN) Housing

Housing in 56467 Nevis, MN is thriving! The median value of homes in the area is $285,200, which is significantly lower than the US house median value of $338,100. However, despite this difference, home appreciation over the past year has been very strong at 12.38%, surpassing the US average of 8.27%. This is a sign that people are valuing the housing in Nevis and investing in it; making it a great place to buy a home!

The median home cost in Nevis (zip 56467) is $285,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Nevis (zip 56467) is up 20.4%.

Average Age of Homes

- The median age of Nevis (zip 56467) real estate is 30 years old

The Rental Market in Nevis (zip 56467)

- Renters make up 4.4% of the Nevis (zip 56467) population
- 0.3% of houses and apartments in Nevis (zip 56467), 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	Nevis, Minnesota	United States
	2,567.0	139,647,020.0
	36	42
	$285,200	$338,100
	20.4%	16.6%
	63.7%	57.0%
	87.2%	101.1%
	$8.16	$10.98
	$2,125	$2,690
	39.5%	57.4%
	58.6%	11.2%
	1.9%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.1%	0.4%
	57.6%	3.6%
	0.2%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.3%	2.4%
	2.4%	2.8%
	3.9%	3.9%
	2.6%	4.5%
	9.1%	11.3%
	15.9%	13.0%
	26.4%	20.1%
	21.7%	13.6%
	7.9%	8.3%
	4.7%	9.7%
	2.2%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.5%	13.6%
	23.5%	13.6%
	15.7%	13.6%
	13.8%	13.2%
	13.9%	14.8%
	15.7%	13.6%
	8.1%	10.0%
	5.3%	4.7%
	7.9%	12.2%

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