The housing market in 56170 Ruthton, MN is quite strong. According to the median value of homes in the area, it stands at $111,800 which is significantly lower than the US median house value of $338,100. This gives potential buyers plenty of opportunity to find a great deal on a home. Additionally, with a 1 year house appreciation rate of 9.54%, this area is seeing steady growth and increased home values over time - much higher than the national average appreciation rate of 8.27%. Thus, buying a home in 56170 Ruthton, MN has great potential for long-term financial gain and stability.
The median home cost in Ruthton (zip 56170) is $111,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Ruthton (zip 56170) is up 14.7%.
Average Age of Homes
- The median age of Ruthton (zip 56170) real estate is 78 years old
The Rental Market in Ruthton (zip 56170)
- Renters make up 12.7% of the Ruthton (zip 56170) population
- 0.0% of houses and apartments in Ruthton (zip 56170), 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.