The housing market in Ranier, MN (zip code 56668) is booming. At a median value of $160,800, it is far below the US median value of $338,100. Yet the appreciation rate for houses in Ranier is nearly double the national average at 15.27% compared to the US 1 year appreciation rate of 8.27%. This suggests that now is an excellent time to purchase a home in Ranier as buyers can expect their investment to increase substantially in a short amount of time.
The median home cost in Ranier (zip 56668) is $160,800. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Ranier (zip 56668) is up 19.7%.
Average Age of Homes
- The median age of Ranier (zip 56668) real estate is 78 years old
The Rental Market in Ranier (zip 56668)
- Renters make up 28.4% of the Ranier (zip 56668) population
- 0.0% of houses and apartments in Ranier (zip 56668), 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.