Zip 56164 (Pipestone, MN) Housing

The median value of housing in 56164 Pipestone, MN is $130,800. This is significantly lower than the national median value of $338,100. Despite this disparity, however, Pipestone has seen a higher rate of house appreciation over the past year at 9.54%, compared to the US average of 8.27%. This indicates that housing in 56164 Pipestone, MN may be an attractive investment option for those looking to get into the real estate market.

The median home cost in Pipestone (zip 56164) is $130,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Pipestone (zip 56164) is up 14.7%.

Average Age of Homes

- The median age of Pipestone (zip 56164) real estate is 64 years old

The Rental Market in Pipestone (zip 56164)

- Renters make up 28.6% of the Pipestone (zip 56164) population
- 1.4% of houses and apartments in Pipestone (zip 56164), 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	Pipestone, Minnesota	United States
	2,674.0	139,647,020.0
	58	42
	$130,800	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$8.57	$10.98
	$1,026	$2,690
	66.4%	57.4%
	8.3%	11.2%
	25.4%	31.4%
Vacant Housing
	1.4%	1.9%
	0.6%	0.4%
	0.1%	0.7%
	1.9%	0.4%
	0.9%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	7.5%	2.4%
	5.6%	2.8%
	16.9%	3.9%
	10.1%	4.5%
	14.1%	11.3%
	15.2%	13.0%
	14.7%	20.1%
	5.7%	13.6%
	2.2%	8.3%
	3.4%	9.7%
	0.6%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	5.9%	13.6%
	5.6%	13.2%
	19.6%	14.8%
	5.9%	13.6%
	11.9%	10.0%
	9.3%	4.7%
	25.2%	12.2%

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