Housing in 56245 Hanley Falls, MN is currently valued at a median of $106,800. This figure is significantly lower than the US median house value of $338,100. Despite this, it has had an impressive one year appreciation rate of 13.39%, which is higher than the US average of 8.27%. This could indicate that investing in housing in the area could prove to be a wise decision for those looking to make a return on their investment.
The median home cost in Hanley Falls (zip 56245) is $106,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Hanley Falls (zip 56245) is up 12.6%.
Average Age of Homes
- The median age of Hanley Falls (zip 56245) real estate is 69 years old
The Rental Market in Hanley Falls (zip 56245)
- Renters make up 17.0% of the Hanley Falls (zip 56245) population
- 0.0% of houses and apartments in Hanley Falls (zip 56245), 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.