The housing market in 56541 Flom, MN is worth taking a look at. The median value of homes in the area is $104,100, which is significantly lower than the US median house value of $338,100. Over the past year, the US house appreciation rate has been 8.27%, while houses in 56541 Flom have appreciated at a slightly slower rate of 8.21%. This makes it an attractive option for those looking to purchase a home at a relatively lower cost and with good appreciation potential.
The median home cost in Flom (zip 56541) is $104,100. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Flom (zip 56541) is up 13.6%.
Average Age of Homes
- The median age of Flom (zip 56541) real estate is 55 years old
The Rental Market in Flom (zip 56541)
- Renters make up 31.3% of the Flom (zip 56541) population
- 0.0% of houses and apartments in Flom (zip 56541), 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.