Zip 56651 (Lengby, MN) Housing

Housing in 56651 Lengby, MN has seen a significant appreciation over the past year, with the median value rising to $181,300. This is 15.27% higher than the US House Median Value of $338,100 and nearly double the US 1 year House Appreciation rate of 8.27%. The appreciation in housing prices is likely due to an increase in demand and low inventory of houses for sale in the area. This trend has been beneficial to current homeowners as well as those looking to purchase property in the area.

The median home cost in Lengby (zip 56651) is $181,300. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Lengby (zip 56651) is up 19.7%.

Average Age of Homes

- The median age of Lengby (zip 56651) real estate is 44 years old

The Rental Market in Lengby (zip 56651)

- Renters make up 7.5% of the Lengby (zip 56651) population
- 0.0% of houses and apartments in Lengby (zip 56651), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lengby, Minnesota	United States
	460.0	139,647,020.0
	47	42
	$181,300	$338,100
	19.7%	16.6%
	58.3%	57.0%
	68.4%	101.1%
	$11.22	$10.98
	$1,231	$2,690
	34.8%	57.4%
	58.5%	11.2%
	6.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	52.4%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	8.8%	2.6%
	19.4%	2.4%
	2.5%	2.8%
	3.8%	3.9%
	6.3%	4.5%
	14.4%	11.3%
	15.6%	13.0%
	12.5%	20.1%
	13.1%	13.6%
	2.5%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	13.7%	13.6%
	13.7%	13.6%
	8.3%	13.6%
	13.7%	13.2%
	14.8%	14.8%
	8.3%	13.6%
	10.4%	10.0%
	2.2%	4.7%
	19.1%	12.2%

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