The housing market in Caledonia, MN (zip code 55921) is slightly below the national average. The median value of homes in the area is $211,400 compared to the US median house value of $338,100. In terms of appreciation, the US median house 1 year appreciation rate is 8.27% while Caledonia鈥檚 rate is 6.78%. This suggests that while there may be potential for profit in the area, it may not be as high as other places across the country. Nonetheless, with its beautiful views and small-town charm, Caledonia makes an attractive place for people looking to purchase a home or invest in real estate.
The median home cost in Caledonia (zip 55921) is $211,400. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Caledonia (zip 55921) is up 11.4%.
Average Age of Homes
- The median age of Caledonia (zip 55921) real estate is 55 years old
The Rental Market in Caledonia (zip 55921)
- Renters make up 17.6% of the Caledonia (zip 55921) population
- 0.0% of houses and apartments in Caledonia (zip 55921), 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.