Zip 56089 (Twin Lakes, MN) Housing

The housing market in Twin Lakes, MN (56089) is doing well compared to the national average. The median value for housing in Twin Lakes is $99,300, which is significantly lower than the US House Median Value of $338,100. However, the one year house appreciation for Twin Lakes is 11.33%, which is higher than the US 1 year House Appreciation of 8.27%. This indicates that housing prices in Twin Lakes are increasing at a higher rate than the national average, making it an attractive option for potential buyers and sellers.

The median home cost in Twin Lakes (zip 56089) is $99,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Twin Lakes (zip 56089) is up 11.6%.

Average Age of Homes

- The median age of Twin Lakes (zip 56089) real estate is 47 years old

The Rental Market in Twin Lakes (zip 56089)

- Renters make up 25.8% of the Twin Lakes (zip 56089) population
- 0.0% of houses and apartments in Twin Lakes (zip 56089), 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	Twin Lakes, Minnesota	United States
	114.0	139,647,020.0
	51	42
	$99,300	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$10.89	$10.98
	$517	$2,690
	65.8%	57.4%
	14.0%	11.2%
	20.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	13.2%	4.1%
Value of Owner-Occupied Housing
	34.7%	2.6%
	12.0%	2.4%
	5.3%	2.8%
	6.7%	3.9%
	9.3%	4.5%
	20.0%	11.3%
	5.3%	13.0%
	6.7%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	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%
	2.6%	13.6%
	2.6%	13.6%
	17.5%	13.6%
	6.1%	13.2%
	23.7%	14.8%
	17.5%	13.6%
	8.8%	10.0%
	10.5%	4.7%
	15.8%	12.2%

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