The city of Milroy, MN, which has a zip code of 56263, has seen an impressive rise in median housing values over the past year. The housing median value in this area is currently $98,600 which is much lower than the US House Median Value of $338,100. However, the US only saw an appreciation rate of 8.27%, while Milroy experienced a 13.39% appreciation rate for its housing in one year's time - a 5 percent increase! This indicates that Milroy is experiencing a strong market and is likely to see continued growth in the future.
The median home cost in Milroy (zip 56263) is $98,600. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Milroy (zip 56263) is up 12.6%.
Average Age of Homes
- The median age of Milroy (zip 56263) real estate is 62 years old
The Rental Market in Milroy (zip 56263)
- Renters make up 15.2% of the Milroy (zip 56263) population
- 1.3% of houses and apartments in Milroy (zip 56263), 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.