The housing market in 56568 Nielsville, MN is relatively healthy compared to the national values. The median value of houses in 56568 Nielsville is $122,600, which is significantly lower than the United States median value of $338,100. However, the 1 year house appreciation rate in 56568 Nielsville is 8.21%, which is only slightly lower than the national rate of 8.27%. This indicates that property owners in 56568 Nielsville are likely to see increases in their home values over time at a similar rate as the rest of the country.
The median home cost in Nielsville (zip 56568) is $122,600. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Nielsville (zip 56568) is up 13.6%.
Average Age of Homes
- The median age of Nielsville (zip 56568) real estate is 44 years old
The Rental Market in Nielsville (zip 56568)
- Renters make up 11.5% of the Nielsville (zip 56568) population
- 0.0% of houses and apartments in Nielsville (zip 56568), 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.