Housing in 56339 Hoffman, MN is a great option for those looking for an affordable investment. The median value of homes in the area is $205,700, which is much lower than the US house median value of $338,100. In the past year, US house appreciation was 8.27%, while houses in this area appreciate at 7.75%. This indicates that homes in 56339 Hoffman, MN are an excellent investment with long-term potential for appreciation and stability.
The median home cost in Hoffman (zip 56339) is $205,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Hoffman (zip 56339) is up 13.6%.
Average Age of Homes
- The median age of Hoffman (zip 56339) real estate is 38 years old
The Rental Market in Hoffman (zip 56339)
- Renters make up 17.7% of the Hoffman (zip 56339) population
- 0.0% of houses and apartments in Hoffman (zip 56339), 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.