Zip 56757 (Stephen, MN) Housing

The housing in Stephen, MN (56757) is quite affordable, with a median value of $127,500. This is significantly lower than the US median value of $338,100. Although the appreciation rate of housing in Stephen is slightly lower than that of the US (9.54% compared to 8.27%), it still indicates a healthy market. Therefore, anyone looking for an affordable home should seriously consider Stephen as an option.

The median home cost in Stephen (zip 56757) is $127,500. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Stephen (zip 56757) is up 14.7%.

Average Age of Homes

- The median age of Stephen (zip 56757) real estate is 45 years old

The Rental Market in Stephen (zip 56757)

- Renters make up 16.7% of the Stephen (zip 56757) population
- 4.3% of houses and apartments in Stephen (zip 56757), 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	Stephen, Minnesota	United States
	439.0	139,647,020.0
	54	42
	$127,500	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$9.00	$10.98
	$1,157	$2,690
	68.8%	57.4%
	19.1%	11.2%
	12.1%	31.4%
Vacant Housing
	4.3%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	13.7%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	8.3%	2.4%
	13.2%	2.8%
	9.3%	3.9%
	9.6%	4.5%
	28.5%	11.3%
	11.6%	13.0%
	7.3%	20.1%
	4.0%	13.6%
	0.0%	8.3%
	4.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	5.5%	13.6%
	11.4%	13.2%
	18.9%	14.8%
	5.5%	13.6%
	17.1%	10.0%
	7.5%	4.7%
	16.9%	12.2%

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