Zip 56481 (Verndale, MN) Housing

In 56481 Verndale, MN the median house value is $199,700 which is significantly lower than the US median of $338,100. Despite this, the appreciation rate in Verndale has been much higher over the last year at 12.38%, compared with 8.27% for the US as a whole. This could make housing in Verndale an attractive investment opportunity for those looking for property in Minnesota.

The median home cost in Verndale (zip 56481) is $199,700. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Verndale (zip 56481) is up 20.4%.

Average Age of Homes

- The median age of Verndale (zip 56481) real estate is 46 years old

The Rental Market in Verndale (zip 56481)

- Renters make up 12.2% of the Verndale (zip 56481) population
- 0.7% of houses and apartments in Verndale (zip 56481), 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	Verndale, Minnesota	United States
	1,070.0	139,647,020.0
	45	42
	$199,700	$338,100
	20.4%	16.6%
	63.7%	57.0%
	87.2%	101.1%
	$10.03	$10.98
	$1,437	$2,690
	69.5%	57.4%
	17.0%	11.2%
	13.5%	31.4%
Vacant Housing
	0.7%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	12.7%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	5.5%	2.4%
	4.6%	2.8%
	11.4%	3.9%
	6.9%	4.5%
	23.1%	11.3%
	16.1%	13.0%
	16.0%	20.1%
	10.2%	13.6%
	1.3%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.0%	13.6%
	15.0%	13.6%
	11.6%	13.6%
	11.8%	13.2%
	15.7%	14.8%
	11.6%	13.6%
	7.2%	10.0%
	4.7%	4.7%
	21.8%	12.2%

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