The housing market in Evansville, MN (56326) has a median housing value of $227,100. This is significantly lower than the median US housing value of $338,100 and is reflected in the one year appreciation rate in Evansville, which is 7.75%, compared to 8.27% across the US. Despite this disparity, real estate in Evansville remains a strong investment due to its close proximity to major cities and employment opportunities. It is considered a desirable area for those looking for affordable housing near larger cities like Minneapolis and St Paul.
The median home cost in Evansville (zip 56326) is $227,100. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Evansville (zip 56326) is up 13.6%.
Average Age of Homes
- The median age of Evansville (zip 56326) real estate is 49 years old
The Rental Market in Evansville (zip 56326)
- Renters make up 13.2% of the Evansville (zip 56326) population
- 0.0% of houses and apartments in Evansville (zip 56326), 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.