Zip 56425 (Baxter, MN) Housing

The housing market in 56425 Baxter, MN is thriving. The median value for homes in the area is $298,100, which is slightly lower than the US national median house value of $338,100. However, home appreciation in 56425 Baxter has been much higher than the national average over the past year with a rate of 12.38% compared to an 8.27% increase across the country. This indicates that now is an excellent time to buy in this area and that home values are on the rise.

The median home cost in Baxter (zip 56425) is $298,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Baxter (zip 56425) is up 20.4%.

Average Age of Homes

- The median age of Baxter (zip 56425) real estate is 18 years old

The Rental Market in Baxter (zip 56425)

- Renters make up 30.4% of the Baxter (zip 56425) population
- 0.0% of houses and apartments in Baxter (zip 56425), 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	Baxter, Minnesota	United States
	3,660.0	139,647,020.0
	23	42
	$298,100	$338,100
	20.4%	16.6%
	63.7%	57.0%
	87.2%	101.1%
	$8.14	$10.98
	$2,243	$2,690
	64.1%	57.4%
	5.8%	11.2%
	30.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.9%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	2.6%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	1.0%	2.4%
	1.0%	2.8%
	0.5%	3.9%
	0.3%	4.5%
	8.4%	11.3%
	30.1%	13.0%
	35.9%	20.1%
	11.6%	13.6%
	6.4%	8.3%
	2.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.6%	13.6%
	28.6%	13.6%
	17.2%	13.6%
	11.5%	13.2%
	14.9%	14.8%
	17.2%	13.6%
	3.0%	10.0%
	2.8%	4.7%
	1.6%	12.2%

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