Zip 56085 (Sleepy Eye, MN) Housing

The housing market in Sleepy Eye, MN (56085) is showing a strong appreciation rate of 11.33%, which is higher than the national average of 8.27%. The median value of houses in Sleepy Eye is much lower than the national average at $187,500 compared to $338,100. Despite having a lower median house value than the national average, Sleepy Eye has seen strong growth and appreciation in housing prices over the course of the past year.

The median home cost in Sleepy Eye (zip 56085) is $187,500. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Sleepy Eye (zip 56085) is up 11.6%.

Average Age of Homes

- The median age of Sleepy Eye (zip 56085) real estate is 61 years old

The Rental Market in Sleepy Eye (zip 56085)

- Renters make up 20.0% of the Sleepy Eye (zip 56085) population
- 1.2% of houses and apartments in Sleepy Eye (zip 56085), 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	Sleepy Eye, Minnesota	United States
	2,374.0	139,647,020.0
	63	42
	$187,500	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$8.85	$10.98
	$1,204	$2,690
	75.7%	57.4%
	11.2%	11.2%
	13.1%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.6%	0.4%
	0.2%	3.6%
	8.0%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	1.4%	2.4%
	2.5%	2.8%
	11.3%	3.9%
	6.8%	4.5%
	34.5%	11.3%
	14.3%	13.0%
	13.5%	20.1%
	7.0%	13.6%
	2.7%	8.3%
	1.3%	9.7%
	0.1%	3.9%
	0.3%	2.2%
	0.3%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	7.6%	13.6%
	8.6%	13.2%
	10.4%	14.8%
	7.6%	13.6%
	15.1%	10.0%
	9.9%	4.7%
	27.3%	12.2%

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