The housing market in 55613 Schroeder, MN is doing well. The median value for homes in this area is $287,700, which is lower than the U.S. house median value of $338,100. However, the appreciation rate for homes in 55613 Schroeder is higher than the national average of 8.27%. Over the past year, appreciation for housing in the area has increased by an impressive 12.16%. This suggests that the housing market in 55613 Schroeder is currently strong and robust, providing potential homeowners with a great opportunity to purchase a home at a reasonable price while also gaining some additional equity over time.
The median home cost in Schroeder (zip 55613) is $287,700. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Schroeder (zip 55613) is up 13.9%.
Average Age of Homes
- The median age of Schroeder (zip 55613) real estate is 42 years old
The Rental Market in Schroeder (zip 55613)
- Renters make up 5.8% of the Schroeder (zip 55613) population
- 5.6% of houses and apartments in Schroeder (zip 55613), 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.