In Big Falls, Minnesota, the median housing value is $66,800. This is significantly lower than the US House Median Value of $338,100. However, the one year appreciation rate for houses in Big Falls is 15.27%, which is higher than the national average of 8.27%. This indicates that Big Falls has seen strong growth in its housing market over the past year.
The median home cost in Big Falls (zip 56627) is $66,800. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Big Falls (zip 56627) is up 19.7%.
Average Age of Homes
- The median age of Big Falls (zip 56627) real estate is 43 years old
The Rental Market in Big Falls (zip 56627)
- Renters make up 14.3% of the Big Falls (zip 56627) population
- 2.2% of houses and apartments in Big Falls (zip 56627), 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.