Zip 55615 (Tofte, MN) Housing

Housing in 55615 Tofte, MN is thriving with the median value of homes standing at $344,100, significantly higher than the US House Median Value of $338,100. The 1 year appreciation of houses in this area has been 12.16%, which is 4.89% higher than the national average of 8.27%. This indicates that housing in 55615 Tofte, MN is in high demand and that it is a great investment opportunity for those looking to buy a home in this area.

The median home cost in Tofte (zip 55615) is $344,100. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Tofte (zip 55615) is up 13.9%.

Average Age of Homes

- The median age of Tofte (zip 55615) real estate is 30 years old

The Rental Market in Tofte (zip 55615)

- Renters make up 14.7% of the Tofte (zip 55615) population
- 0.0% of houses and apartments in Tofte (zip 55615), 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	Tofte, Minnesota	United States
	291.0	139,647,020.0
	29	42
	$344,100	$338,100
	13.9%	16.6%
	49.8%	57.0%
	70.1%	101.1%
	$8.04	$10.98
	$2,300	$2,690
	34.7%	57.4%
	51.9%	11.2%
	13.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	45.7%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	2.0%	4.5%
	5.9%	11.3%
	28.7%	13.0%
	21.8%	20.1%
	16.8%	13.6%
	6.9%	8.3%
	6.9%	9.7%
	5.0%	3.9%
	2.0%	2.2%
	4.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	3.4%	0.2%
	28.9%	13.6%
	28.9%	13.6%
	18.9%	13.6%
	3.8%	13.2%
	16.8%	14.8%
	18.9%	13.6%
	5.5%	10.0%
	3.4%	4.7%
	8.6%	12.2%

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