Zip 56293 (Wabasso, MN) Housing

The housing market in 56293 Wabasso, MN is quite robust with a median value of $130,800. This is substantially lower than the national median value of $338,100 and offers an attractive option for homebuyers looking for affordable housing options. In addition, house prices in 56293 Wabasso, MN have appreciated by 13.39% over the past year while nationally house prices have appreciated by 8.27%. This suggests that 56293 Wabasso, MN may be a great place to invest in property for those looking to capitalize on strong appreciation rates.

The median home cost in Wabasso (zip 56293) is $130,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Wabasso (zip 56293) is up 12.6%.

Average Age of Homes

- The median age of Wabasso (zip 56293) real estate is 61 years old

The Rental Market in Wabasso (zip 56293)

- Renters make up 14.5% of the Wabasso (zip 56293) population
- 1.2% of houses and apartments in Wabasso (zip 56293), 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	Wabasso, Minnesota	United States
	521.0	139,647,020.0
	56	42
	$130,800	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$9.89	$10.98
	$1,415	$2,690
	74.9%	57.4%
	8.3%	11.2%
	16.9%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	4.4%	2.4%
	10.8%	2.8%
	6.4%	3.9%
	7.9%	4.5%
	22.3%	11.3%
	15.9%	13.0%
	13.6%	20.1%
	12.8%	13.6%
	1.0%	8.3%
	0.8%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	1.5%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	8.1%	13.6%
	9.0%	13.2%
	19.0%	14.8%
	8.1%	13.6%
	8.1%	10.0%
	7.5%	4.7%
	27.1%	12.2%

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