The housing market in 55960 Oronoco, MN is relatively strong with the median value of a house coming in at $478,100. This is nearly $140,000 more than the US House Median Value of $338,100. However, while the US housing market has seen an appreciation of 8.27% over the past year, Oronoco homes have seen a slightly lower appreciation rate of 6.78%. This still indicates a strong housing market in Oronoco and suggests that now may be a great time to purchase a home in this area.
The median home cost in Oronoco (zip 55960) is $478,100. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Oronoco (zip 55960) is up 11.4%.
Average Age of Homes
- The median age of Oronoco (zip 55960) real estate is 32 years old
The Rental Market in Oronoco (zip 55960)
- Renters make up 6.9% of the Oronoco (zip 55960) population
- 0.0% of houses and apartments in Oronoco (zip 55960), 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.