Zip 55616 (Two Harbors, MN) Housing

Two Harbors, MN is a great place to buy a home. Its median housing value of $257,600 is much lower than the US median housing value of $338,100. Furthermore, over the past year it has seen an appreciation rate of 12.16%, substantially higher than the national rate of 8.27%. If you're looking for a place with great appreciation potential and relatively low prices then Two Harbors should be top on your list.

The median home cost in Two Harbors (zip 55616) is $257,600. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Two Harbors (zip 55616) is up 13.9%.

Average Age of Homes

- The median age of Two Harbors (zip 55616) real estate is 53 years old

The Rental Market in Two Harbors (zip 55616)

- Renters make up 16.0% of the Two Harbors (zip 55616) population
- 0.7% of houses and apartments in Two Harbors (zip 55616), 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	Two Harbors, Minnesota	United States
	4,216.0	139,647,020.0
	52	42
	$257,600	$338,100
	13.9%	16.6%
	49.8%	57.0%
	70.1%	101.1%
	$7.37	$10.98
	$1,504	$2,690
	62.4%	57.4%
	21.5%	11.2%
	16.1%	31.4%
Vacant Housing
	0.7%	1.9%
	1.1%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	17.8%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	2.4%	2.4%
	1.1%	2.8%
	1.6%	3.9%
	3.6%	4.5%
	17.9%	11.3%
	21.0%	13.0%
	30.9%	20.1%
	9.8%	13.6%
	4.6%	8.3%
	4.6%	9.7%
	0.8%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.5%	13.6%
	14.5%	13.6%
	6.9%	13.6%
	9.0%	13.2%
	15.5%	14.8%
	6.9%	13.6%
	15.0%	10.0%
	4.7%	4.7%
	23.9%	12.2%

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