The housing market in Taylors Falls, MN (ZIP code 55084) is doing quite well when compared to the rest of the nation. The median value for homes in this area is $292,500, which is slightly lower than the US median of $338,100. Despite this difference, the 1 year appreciation rate for homes in Taylors Falls comes in just below the US average at 6.66%. This indicates that home values are still on the rise and that it could be a great time to invest in real estate in this part of Minnesota.
The median home cost in Taylors Falls (zip 55084) is $292,500. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Taylors Falls (zip 55084) is up 12.2%.
Average Age of Homes
- The median age of Taylors Falls (zip 55084) real estate is 40 years old
The Rental Market in Taylors Falls (zip 55084)
- Renters make up 18.4% of the Taylors Falls (zip 55084) population
- 1.2% of houses and apartments in Taylors Falls (zip 55084), 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.