The housing market in 56282 Raymond, MN is thriving. The median value of a house in this area is $192,100, which is significantly lower than the US median value for a house of $338,100. Furthermore, over the past year, the appreciation rate for houses in this area has been 13.39%, which is higher than the national average appreciation rate of 8.27%. Therefore individuals looking to buy or invest in real estate in 56282 Raymond, MN can expect to see good returns and solid long-term investments.
The median home cost in Raymond (zip 56282) is $192,100. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Raymond (zip 56282) is up 12.6%.
Average Age of Homes
- The median age of Raymond (zip 56282) real estate is 56 years old
The Rental Market in Raymond (zip 56282)
- Renters make up 15.9% of the Raymond (zip 56282) population
- 0.9% of houses and apartments in Raymond (zip 56282), 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.