The median value of housing in 55974 Spring Grove, MN is $200,400, which is much lower than the US House Median Value of $338,100. Although the house appreciation in 55974 Spring Grove, MN over the past year was 6.78%, which is lower than the US 1 year House Appreciation of 8.27%, it is still a positive trend for homeowners in this area. With a median value much lower than the U.S., buyers here will be able to obtain more house for their money and enjoy a strong rate of appreciation over time.
The median home cost in Spring Grove (zip 55974) is $200,400. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Spring Grove (zip 55974) is up 11.4%.
Average Age of Homes
- The median age of Spring Grove (zip 55974) real estate is 66 years old
The Rental Market in Spring Grove (zip 55974)
- Renters make up 21.0% of the Spring Grove (zip 55974) population
- 1.5% of houses and apartments in Spring Grove (zip 55974), 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.