The housing in 56670 Redby, MN is significantly more affordable than the US median value of $338,100. The median value in 56670 Redby is $92,100 which is 73% lower than the US median value. In addition, the 1-year appreciation rate in 56670 Redby is 15.27%, which is almost double the US 1-year appreciation rate of 8.27%. This suggests that there are a lot of potential rewards for investing in the housing market in this area.
The median home cost in Redby (zip 56670) is $92,100. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Redby (zip 56670) is up 19.7%.
Average Age of Homes
- The median age of Redby (zip 56670) real estate is 33 years old
The Rental Market in Redby (zip 56670)
- Renters make up 40.0% of the Redby (zip 56670) population
- 2.2% of houses and apartments in Redby (zip 56670), 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.