Zip 56318 (Burtrum, MN) Housing

The housing market in 56318 Burtrum, MN is slightly lower than the national average, with a median value of $283,100 compared to the US house median value of $338,100. Despite this, the area has still seen a healthy 1 year appreciation rate of 7.75%, just slightly below the US rate of 8.27%. This means that those who have invested in properties in this area are seeing a good return on their investment.

The median home cost in Burtrum (zip 56318) is $283,100. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Burtrum (zip 56318) is up 13.6%.

Average Age of Homes

- The median age of Burtrum (zip 56318) real estate is 38 years old

The Rental Market in Burtrum (zip 56318)

- Renters make up 5.7% of the Burtrum (zip 56318) population
- 0.0% of houses and apartments in Burtrum (zip 56318), 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	Burtrum, Minnesota	United States
	788.0	139,647,020.0
	46	42
	$283,100	$338,100
	13.6%	16.6%
	50.2%	57.0%
	77.8%	101.1%
	$10.93	$10.98
	$2,024	$2,690
	48.4%	57.4%
	45.2%	11.2%
	6.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	44.2%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	1.1%	2.4%
	5.2%	2.8%
	5.0%	3.9%
	2.9%	4.5%
	15.5%	11.3%
	20.5%	13.0%
	24.4%	20.1%
	12.3%	13.6%
	3.9%	8.3%
	4.2%	9.7%
	0.5%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.6%	13.6%
	14.6%	13.6%
	11.3%	13.6%
	6.1%	13.2%
	17.1%	14.8%
	11.3%	13.6%
	8.4%	10.0%
	3.7%	4.7%
	18.3%	12.2%

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