Zip 56167 (Round Lake, MN) Housing

The housing in 56167 Round Lake, MN is relatively much more affordable than the US median value of $338,100. Currently, the median value of a house in Round Lake is $126,600 and it has seen a 9.54% appreciation rate in the past year. This means that potential homeowners can get more bang for their buck when choosing to invest in this area. The slightly higher rate of appreciation also means that those investing here can expect to see some positive returns on their investments over time.

The median home cost in Round Lake (zip 56167) is $126,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Round Lake (zip 56167) is up 14.7%.

Average Age of Homes

- The median age of Round Lake (zip 56167) real estate is 59 years old

The Rental Market in Round Lake (zip 56167)

- Renters make up 21.1% of the Round Lake (zip 56167) population
- 5.6% of houses and apartments in Round Lake (zip 56167), 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	Round Lake, Minnesota	United States
	342.0	139,647,020.0
	73	42
	$126,600	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$10.08	$10.98
	$983	$2,690
	74.3%	57.4%
	13.5%	11.2%
	12.3%	31.4%
Vacant Housing
	5.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.5%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	6.7%	2.4%
	15.4%	2.8%
	12.6%	3.9%
	7.5%	4.5%
	16.9%	11.3%
	13.0%	13.0%
	18.1%	20.1%
	3.5%	13.6%
	2.0%	8.3%
	0.8%	9.7%
	0.4%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	2.6%	13.6%
	12.0%	13.2%
	15.2%	14.8%
	2.6%	13.6%
	7.3%	10.0%
	8.5%	4.7%
	43.0%	12.2%

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