Zip 55771 (Orr, MN) Housing


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The housing market in Orr, MN (55771) is thriving. The median value of housing in this area is $177,800, which is substantially lower than the US median value of $338,100. Although the US house appreciation rate for this year stands at 8.27%, the appreciation rate for housing in Orr is an impressive 13.08%. This indicates that the market has been performing well and is a great option for people looking to invest in real estate.

The median home cost in Orr (zip 55771) is $177,800. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Orr (zip 55771) is up 13.2%.

Average Age of Homes
- The median age of Orr (zip 55771) real estate is 40 years old
The Rental Market in Orr (zip 55771)
- Renters make up 9.3% of the Orr (zip 55771) population
- 2.3% of houses and apartments in Orr (zip 55771), 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

  HousingOrr, MinnesotaUnited States
  1,975.0139,647,020.0
  4142
  $177,800$338,100
  13.2%16.6%
  50.0%57.0%
  60.0%101.1%
  $8.13$10.98
  $1,242$2,690
  28.9%57.4%
  65.9%11.2%
  5.2%31.4%
  Vacant Housing
  2.3%1.9%
  0.1%0.4%
  0.3%0.7%
  0.5%0.4%
  57.9%3.6%
  4.9%4.1%
  Value of Owner-Occupied Housing
  5.4%2.6%
  8.1%2.4%
  6.5%2.8%
  7.4%3.9%
  7.4%4.5%
  14.0%11.3%
  14.0%13.0%
  16.3%20.1%
  9.3%13.6%
  7.0%8.3%
  3.5%9.7%
  0.4%3.9%
  0.7%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  15.5%13.6%
  15.5%13.6%
  14.7%13.6%
  12.8%13.2%
  21.8%14.8%
  14.7%13.6%
  5.8%10.0%
  3.1%4.7%
  6.9%12.2%
Commute

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