Housing in Revere, MN (zip code 56166) is a great investment opportunity for potential home buyers. The median value of a house in the area is $195,300, which is much lower than the US median house value of $338,100. This provides potential homeowners with the opportunity to buy into an area with more affordable housing options. Additionally, houses in the Revere area have seen greater appreciation over the past year than the national average of 8.27%. Houses in Revere have appreciated 9.54% in the last year, which means that home buyers can expect strong returns on their investments.
The median home cost in Revere (zip 56166) is $195,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Revere (zip 56166) is up 14.7%.
Average Age of Homes
- The median age of Revere (zip 56166) real estate is 64 years old
The Rental Market in Revere (zip 56166)
- Renters make up 11.1% of the Revere (zip 56166) population
- 0.0% of houses and apartments in Revere (zip 56166), 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.