Zip 55783 (Sturgeon Lake, MN) Housing

Housing in Sturgeon Lake, MN (55783) is more expensive than the US median value with a median value of $242,300. However, this area has seen strong appreciation in recent years with an appreciation rate of 13.08% over the last year compared to 8.27% for houses across the US as a whole. This strong growth indicates that housing in Sturgeon Lake is becoming increasingly desirable.

The median home cost in Sturgeon Lake (zip 55783) is $242,300. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Sturgeon Lake (zip 55783) is up 13.2%.

Average Age of Homes

- The median age of Sturgeon Lake (zip 55783) real estate is 29 years old

The Rental Market in Sturgeon Lake (zip 55783)

- Renters make up 7.9% of the Sturgeon Lake (zip 55783) population
- 1.3% of houses and apartments in Sturgeon Lake (zip 55783), 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	Sturgeon Lake, Minnesota	United States
	1,828.0	139,647,020.0
	35	42
	$242,300	$338,100
	13.2%	16.6%
	50.0%	57.0%
	60.0%	101.1%
	$9.78	$10.98
	$2,028	$2,690
	48.0%	57.4%
	48.2%	11.2%
	3.8%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	43.4%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	3.1%	2.4%
	2.4%	2.8%
	10.6%	3.9%
	1.8%	4.5%
	13.9%	11.3%
	14.4%	13.0%
	27.9%	20.1%
	13.0%	13.6%
	5.2%	8.3%
	3.2%	9.7%
	2.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.9%	13.6%
	15.9%	13.6%
	20.2%	13.6%
	14.9%	13.2%
	17.4%	14.8%
	20.2%	13.6%
	5.4%	10.0%
	3.6%	4.7%
	8.1%	12.2%

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