The housing market in 56375 St. Stephen, MN is relatively strong compared to the rest of the US. According to the data provided, the median value for a house in this area is $266,900 while the median value nationally is $338,100. In addition, the appreciation rate for houses in St. Stephen over the past year has been 7.75% which is slightly lower than that of the US overall at 8.27%. Despite this discrepancy in growth rates, it appears that homeowners and potential buyers in this area are still benefitting from a strong housing market with steady increases in value over time.
The median home cost in St. Stephen (zip 56375) is $266,900. Home appreciation the last 10 years has been 77.8%. Home Appreciation in St. Stephen (zip 56375) is up 13.6%.
Average Age of Homes
- The median age of St. Stephen (zip 56375) real estate is 28 years old
The Rental Market in St. Stephen (zip 56375)
- Renters make up 8.2% of the St. Stephen (zip 56375) population
- 0.0% of houses and apartments in St. Stephen (zip 56375), 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.