Pengilly, Minnesota is a small town located just south of Grand Rapids. The median value of housing in the area is $208,600, which is significantly lower than the US median housing value of $338,100. Despite this difference, the US 1 year house appreciation rate of 8.27% is slightly lower than the house appreciation rate for Pengilly over the same period of 13.08%. This indicates that the housing market in Pengilly has been growing faster than the national average and may be an attractive option for potential homebuyers looking for a good deal on real estate.
The median home cost in Pengilly (zip 55775) is $208,600. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Pengilly (zip 55775) is up 13.2%.
Average Age of Homes
- The median age of Pengilly (zip 55775) real estate is 51 years old
The Rental Market in Pengilly (zip 55775)
- Renters make up 6.4% of the Pengilly (zip 55775) population
- 0.3% of houses and apartments in Pengilly (zip 55775), 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.