The housing market in 56756 Salol, MN is thriving. The median value of a home in the area is $211,800 which is much lower than the US House Median Value of $338,100. Despite the lower cost of housing, there has been a 9.54% appreciation rate in house values in the past year, which outpaces the national average rate of 8.27%. This shows that 56756 Salol is an attractive market for prospective homeowners who are looking to invest and benefit from steadily increasing home values.
The median home cost in Salol (zip 56756) is $211,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Salol (zip 56756) is up 14.7%.
Average Age of Homes
- The median age of Salol (zip 56756) real estate is 32 years old
The Rental Market in Salol (zip 56756)
- Renters make up 13.4% of the Salol (zip 56756) population
- 3.0% of houses and apartments in Salol (zip 56756), 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.