The housing market in 56289 Sunburg, MN is extremely desirable. According to the data provided, the median value of housing in the area is $269,400 which is significantly lower than the US median value of $338,100. Despite this difference in cost, home appreciation over the past year was 13.39%, almost five percentage points higher than that of the United States as a whole. This indicates that not only are homes in this area comparatively more affordable than others in the nation, but they also carry with them greater potential for growth and return on investment.
The median home cost in Sunburg (zip 56289) is $269,400. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Sunburg (zip 56289) is up 12.6%.
Average Age of Homes
- The median age of Sunburg (zip 56289) real estate is 43 years old
The Rental Market in Sunburg (zip 56289)
- Renters make up 6.3% of the Sunburg (zip 56289) population
- 0.0% of houses and apartments in Sunburg (zip 56289), 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.