The median housing value in Proctor, Minnesota (55810) is $252,500, which is lower than the US median house value of $338,100. However, over the past year, Proctor has seen a more significant appreciation rate of 10.54%, compared to the national average of 8.27%. This indicates that Proctor is an attractive area for investors and buyers looking for affordable homes with potential for higher returns. Additionally, its location near Duluth and Cloquet offer residents access to amenities such as restaurants and entertainment venues that enhance local lifestyle options.
The median home cost in Proctor (zip 55810) is $252,500. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Proctor (zip 55810) is up 14.7%.
Average Age of Homes
- The median age of Proctor (zip 55810) real estate is 48 years old
The Rental Market in Proctor (zip 55810)
- Renters make up 13.5% of the Proctor (zip 55810) population
- 0.7% of houses and apartments in Proctor (zip 55810), 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.