Zip 56587 (Vergas, MN) Housing

56587 Vergas, MN is a great place to invest in real estate. The median value of housing in this area is $348,200, which is higher than the U.S. median value of $338,100. In addition, the one-year house appreciation rate in 56587 Vergas, MN is 8.21%, which is slightly lower than the U.S. rate of 8.27%. This indicates that housing prices have been stable and are likely to continue growing in the future. All these factors make 56587 Vergas, MN an ideal location for investing in real estate and taking advantage of the long-term appreciation potential it offers.

The median home cost in Vergas (zip 56587) is $348,200. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Vergas (zip 56587) is up 13.6%.

Average Age of Homes

- The median age of Vergas (zip 56587) real estate is 33 years old

The Rental Market in Vergas (zip 56587)

- Renters make up 7.3% of the Vergas (zip 56587) population
- 0.1% of houses and apartments in Vergas (zip 56587), 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	Vergas, Minnesota	United States
	1,076.0	139,647,020.0
	30	42
	$348,200	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$7.49	$10.98
	$2,084	$2,690
	47.5%	57.4%
	47.2%	11.2%
	5.3%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	43.1%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	1.6%	2.4%
	0.6%	2.8%
	2.3%	3.9%
	4.1%	4.5%
	13.9%	11.3%
	10.8%	13.0%
	21.1%	20.1%
	13.9%	13.6%
	13.5%	8.3%
	12.9%	9.7%
	4.5%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.6%	13.6%
	23.6%	13.6%
	18.0%	13.6%
	10.0%	13.2%
	10.2%	14.8%
	18.0%	13.6%
	7.1%	10.0%
	3.4%	4.7%
	14.0%	12.2%

Reviews for Vergas

See all (0)

Write a Review

Start Your Review of Vergas

Commute