Housing in 55734 Eveleth, MN is a great investment. The median value of housing in this area is $132,600, which is much lower than the US median value of $338,100. Furthermore, the house appreciation rate for the last year has been 13.08%, which is higher than the US average of 8.27%. This indicates that investing in property in 55734 Eveleth, MN can represent a sound financial decision as it has potential for further appreciation.
The median home cost in Eveleth (zip 55734) is $132,600. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Eveleth (zip 55734) is up 13.2%.
Average Age of Homes
- The median age of Eveleth (zip 55734) real estate is 59 years old
The Rental Market in Eveleth (zip 55734)
- Renters make up 21.8% of the Eveleth (zip 55734) population
- 4.6% of houses and apartments in Eveleth (zip 55734), 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.