Zip 55991 (Zumbro Falls, MN) Housing

Housing in 55991 Zumbro Falls, MN is very attractive with a median value of $336,700. This slightly lower than the national median value of $338,100, but it still offers plenty of potential for homeowners. In the last year, house appreciation in the area has been 6.78%, which is lower than the national rate of 8.27%, indicating a more stable market. Homeowners should find it relatively easy to get into a housing market that offers great value and stability.

The median home cost in Zumbro Falls (zip 55991) is $336,700. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Zumbro Falls (zip 55991) is up 11.4%.

Average Age of Homes

- The median age of Zumbro Falls (zip 55991) real estate is 38 years old

The Rental Market in Zumbro Falls (zip 55991)

- Renters make up 12.9% of the Zumbro Falls (zip 55991) population
- 0.4% of houses and apartments in Zumbro Falls (zip 55991), 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	Zumbro Falls, Minnesota	United States
	684.0	139,647,020.0
	38	42
	$336,700	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$10.87	$10.98
	$2,713	$2,690
	80.0%	57.4%
	11.8%	11.2%
	8.2%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	9.6%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.7%	2.4%
	0.7%	2.8%
	0.5%	3.9%
	4.6%	4.5%
	11.5%	11.3%
	16.1%	13.0%
	26.7%	20.1%
	18.8%	13.6%
	7.9%	8.3%
	6.0%	9.7%
	2.7%	3.9%
	1.1%	2.2%
	0.7%	0.8%
	1.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	17.7%	13.6%
	9.4%	13.2%
	11.6%	14.8%
	17.7%	13.6%
	5.4%	10.0%
	3.5%	4.7%
	21.8%	12.2%

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