Zip 56279 (Pennock, MN) Housing

The housing market in 56279 Pennock, MN has been performing well over the last year, with a median house value of $228,800 and an appreciation rate of 13.39%, significantly higher than the US median house value of $338,100 and the US 1 year appreciation rate of 8.27%. This reflects a positive trend for housing in Pennock, and shows that residents who have invested in the area are likely to see good returns on their investments.

The median home cost in Pennock (zip 56279) is $228,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Pennock (zip 56279) is up 12.6%.

Average Age of Homes

- The median age of Pennock (zip 56279) real estate is 44 years old

The Rental Market in Pennock (zip 56279)

- Renters make up 12.3% of the Pennock (zip 56279) population
- 0.0% of houses and apartments in Pennock (zip 56279), 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	Pennock, Minnesota	United States
	518.0	139,647,020.0
	49	42
	$228,800	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$9.50	$10.98
	$1,722	$2,690
	77.4%	57.4%
	10.8%	11.2%
	11.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.8%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	5.4%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	1.0%	2.4%
	3.2%	2.8%
	3.5%	3.9%
	5.7%	4.5%
	17.5%	11.3%
	25.2%	13.0%
	21.2%	20.1%
	12.7%	13.6%
	5.5%	8.3%
	1.5%	9.7%
	1.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	9.8%	13.6%
	9.3%	13.2%
	25.1%	14.8%
	9.8%	13.6%
	4.2%	10.0%
	1.5%	4.7%
	32.2%	12.2%

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