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Zip 56742 (Oklee, MN) Housing


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The housing market in 56742 Oklee, MN has been steadily growing over the past year. The median value of housing is currently $129,500, which is significantly lower than the US median value of $338,100. Despite this disparity, the 1 year house appreciation rate in Oklee is 9.54%, which is higher than the national average of 8.27%. This high rate of appreciation shows that the housing market in Oklee is strong and healthy. As more people realize the potential of this area, prices are likely to continue to increase.

The median home cost in Oklee (zip 56742) is $129,500. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Oklee (zip 56742) is up 14.7%.

Average Age of Homes
- The median age of Oklee (zip 56742) real estate is 48 years old
The Rental Market in Oklee (zip 56742)
- Renters make up 13.8% of the Oklee (zip 56742) population
- 0.0% of houses and apartments in Oklee (zip 56742), 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

  HousingOklee, MinnesotaUnited States
  388.0139,647,020.0
  5742
  $129,500$338,100
  14.7%16.6%
  49.9%57.0%
  74.6%101.1%
  $10.84$10.98
  $1,032$2,690
  69.1%57.4%
  19.8%11.2%
  11.1%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  1.5%0.7%
  0.0%0.4%
  3.6%3.6%
  14.7%4.1%
  Value of Owner-Occupied Housing
  7.1%2.6%
  7.5%2.4%
  11.9%2.8%
  10.4%3.9%
  11.6%4.5%
  17.9%11.3%
  13.4%13.0%
  12.7%20.1%
  3.4%13.6%
  0.7%8.3%
  0.0%9.7%
  1.1%3.9%
  2.2%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  2.1%0.2%
  8.5%13.6%
  8.5%13.6%
  5.2%13.6%
  4.9%13.2%
  14.9%14.8%
  5.2%13.6%
  6.7%10.0%
  7.2%4.7%
  29.6%12.2%
Commute

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