Zip 56088 (Truman, MN) Housing

The housing in 56088 Truman, MN is quite affordable compared to the US median house value. The median house value in 56088 Truman is $168,900 which is almost half of the US median house value of $338,100. In addition, the 1 year appreciation rate for houses in 56088 Truman is 11.33%, higher than the US 1 year appreciation rate of 8.27%. This makes it a great time to invest in a home in this area as the rate of return on investment can be very high.

The median home cost in Truman (zip 56088) is $168,900. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Truman (zip 56088) is up 11.6%.

Average Age of Homes

- The median age of Truman (zip 56088) real estate is 65 years old

The Rental Market in Truman (zip 56088)

- Renters make up 20.0% of the Truman (zip 56088) population
- 0.8% of houses and apartments in Truman (zip 56088), 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	Truman, Minnesota	United States
	957.0	139,647,020.0
	69	42
	$168,900	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$11.44	$10.98
	$1,209	$2,690
	67.5%	57.4%
	9.3%	11.2%
	23.2%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.5%	0.4%
	1.8%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	6.0%	2.4%
	9.6%	2.8%
	20.1%	3.9%
	11.6%	4.5%
	18.7%	11.3%
	13.5%	13.0%
	9.6%	20.1%
	5.0%	13.6%
	1.9%	8.3%
	0.5%	9.7%
	0.6%	3.9%
	2.2%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.9%	13.6%
	2.9%	13.6%
	3.3%	13.6%
	4.4%	13.2%
	15.3%	14.8%
	3.3%	13.6%
	18.4%	10.0%
	9.1%	4.7%
	37.4%	12.2%

Reviews for Truman

See all (0)

Write a Review

Start Your Review of Truman

Commute

The premier source for comprehensive city data for over 30 years.