In 55748 Hill City, MN the median house value is $167,200, which is much lower than the US median house value of $338,100. Despite being significantly lower than the national trend, Hill City has seen a considerable increase in house value over the past year with an appreciation rate of 13.08%, more than double the US average appreciation rate of 8.27%. This makes Hill City a desirable option for those looking for an affordable place to live and invest in real estate.
The median home cost in Hill City (zip 55748) is $167,200. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Hill City (zip 55748) is up 13.2%.
Average Age of Homes
- The median age of Hill City (zip 55748) real estate is 39 years old
The Rental Market in Hill City (zip 55748)
- Renters make up 15.3% of the Hill City (zip 55748) population
- 0.7% of houses and apartments in Hill City (zip 55748), 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.