The housing market in 56353 Milaca, MN is comparatively healthy and stable. The median value of houses in the area is $264,500 compared to the US house median value of $338,100. This lower median price point makes it a great option for those looking for more affordable real estate options. The US housing appreciation rate in the past year was 8.27%, while the appreciation rate in Milaca was 7.75%. This suggests that while prices are gradually climbing, they are not rising nearly as quickly as they are elsewhere in the country. Therefore, if you're looking for a relatively inexpensive area with some stability in its housing market, 56353 Milaca, MN might be well worth taking a closer look at.
The median home cost in Milaca (zip 56353) is $264,500. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Milaca (zip 56353) is up 13.6%.
Average Age of Homes
- The median age of Milaca (zip 56353) real estate is 36 years old
The Rental Market in Milaca (zip 56353)
- Renters make up 19.2% of the Milaca (zip 56353) population
- 0.0% of houses and apartments in Milaca (zip 56353), 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.