Zip 56172 (Slayton, MN) Housing

The housing market in Slayton, MN (zip code 56172) is thriving. The median value of homes is $153,300, which is lower than the US median value of $338,100. The US one year house appreciation rate is 8.27%, however, in Slayton the appreciation rate is higher at 9.54%, making it an attractive place to invest in the housing market. Homeowners and investors alike are taking advantage of this strong market as they look to benefit from its growth.

The median home cost in Slayton (zip 56172) is $153,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Slayton (zip 56172) is up 14.7%.

Average Age of Homes

- The median age of Slayton (zip 56172) real estate is 53 years old

The Rental Market in Slayton (zip 56172)

- Renters make up 16.8% of the Slayton (zip 56172) population
- 3.5% of houses and apartments in Slayton (zip 56172), 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	Slayton, Minnesota	United States
	1,708.0	139,647,020.0
	53	42
	$153,300	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$8.06	$10.98
	$1,300	$2,690
	58.5%	57.4%
	24.2%	11.2%
	17.3%	31.4%
Vacant Housing
	3.5%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.4%	0.4%
	11.9%	3.6%
	7.1%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	3.4%	2.4%
	7.2%	2.8%
	12.0%	3.9%
	7.6%	4.5%
	12.7%	11.3%
	18.3%	13.0%
	20.7%	20.1%
	7.9%	13.6%
	3.0%	8.3%
	5.2%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	12.8%	13.6%
	5.6%	13.2%
	18.7%	14.8%
	12.8%	13.6%
	12.0%	10.0%
	7.3%	4.7%
	20.8%	12.2%

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