The housing market in Bagley, Minnesota (56621) is thriving. The median value of a home in the area is $173,000, which is significantly lower than the median value of a home in the United States ($338,100). While the US has seen an 8.27% appreciation rate over the past year, homes in Bagley have seen a 15.27% appreciation rate during the same time frame. This demonstrates that buying or selling a home in Bagley can be an attractive option for potential homeowners or investors alike.
The median home cost in Bagley (zip 56621) is $173,000. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Bagley (zip 56621) is up 19.7%.
Average Age of Homes
- The median age of Bagley (zip 56621) real estate is 41 years old
The Rental Market in Bagley (zip 56621)
- Renters make up 19.3% of the Bagley (zip 56621) population
- 0.8% of houses and apartments in Bagley (zip 56621), 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.