The housing market in 56373 Royalton, MN is slightly below the national median value at $293,400 compared to the US median of $338,100. Even though housing values are lower in this area, they still show an impressive appreciation rate of 7.75% over the last year compared to the national average of 8.27%. This shows that real estate in 56373 Royalton, MN is still a great investment and offers many options for those looking to buy or sell a home in the area.
The median home cost in Royalton (zip 56373) is $293,400. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Royalton (zip 56373) is up 13.6%.
Average Age of Homes
- The median age of Royalton (zip 56373) real estate is 35 years old
The Rental Market in Royalton (zip 56373)
- Renters make up 14.2% of the Royalton (zip 56373) population
- 0.0% of houses and apartments in Royalton (zip 56373), 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.