The housing market in 56081 St. James, MN is currently thriving. According to the data provided, the median value of a house in 56081 St. James is $149,000 which is significantly less than the US House median value of $338,100. In addition to this, St. James has experienced a greater appreciation rate over the past year with 11.33% compared to 8.27% for the US housing market as a whole. This indicates that there are good investment opportunities available in real estate within this area and suggests that the housing market should remain strong for some time to come.
The median home cost in St. James (zip 56081) is $149,000. Home appreciation the last 10 years has been 70.2%. Home Appreciation in St. James (zip 56081) is up 11.6%.
Average Age of Homes
- The median age of St. James (zip 56081) real estate is 65 years old
The Rental Market in St. James (zip 56081)
- Renters make up 27.8% of the St. James (zip 56081) population
- 1.0% of houses and apartments in St. James (zip 56081), 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.