Herman, MN (56248) is a great place to live with an incredibly affordable median housing value of $157,400. Compared to the US median house value of $338,100, Herman is cheaper by more than half. Furthermore, in the past year, house appreciation in Herman has been 13.39%, compared to 8.27% for the United States as a whole. This means that your investment in a home will grow more quickly here in Herman than other places across the country. It is no wonder why so many people are looking to move to this Minnesota town!
The median home cost in Herman (zip 56248) is $157,400. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Herman (zip 56248) is up 12.6%.
Average Age of Homes
- The median age of Herman (zip 56248) real estate is 51 years old
The Rental Market in Herman (zip 56248)
- Renters make up 12.5% of the Herman (zip 56248) population
- 1.4% of houses and apartments in Herman (zip 56248), 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.