The housing market in Brandon, Minnesota (56315) is a bit lower than the national median value. The median value in Brandon sits at $269,400 compared to the national median of $338,100. Despite this difference, both Brandon and the nation have experienced similar appreciation rates over the past year with 7.75% and 8.27%, respectively. This proves that Brandon is still a great place to invest in housing with potential for future growth in its already stable market.
The median home cost in Brandon (zip 56315) is $269,400. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Brandon (zip 56315) is up 13.6%.
Average Age of Homes
- The median age of Brandon (zip 56315) real estate is 39 years old
The Rental Market in Brandon (zip 56315)
- Renters make up 6.4% of the Brandon (zip 56315) population
- 1.2% of houses and apartments in Brandon (zip 56315), 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.