The housing market in 56573 Perham, MN is keeping up with the national trend of increasing median values. The median value of a house in 56573 Perham, MN is $306,900 while the national median value is $338,100. In the last year, the US housing appreciation rate was 8.27%, whereas in 56573 Perham it was 8.21%. This shows that homes are highly desirable in this area and that the market has been doing well. If you are looking for a great place to buy a house, consider 56573 Perham where prices are competitive with the national average but still offer good appreciation potential.
The median home cost in Perham (zip 56573) is $306,900. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Perham (zip 56573) is up 13.6%.
Average Age of Homes
- The median age of Perham (zip 56573) real estate is 32 years old
The Rental Market in Perham (zip 56573)
- Renters make up 16.5% of the Perham (zip 56573) population
- 0.7% of houses and apartments in Perham (zip 56573), 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.