Zip 56763 (Warroad, MN) Housing

The housing market in Warroad, MN (56763) is a great place to invest, as the median value is $204,200, almost $100,000 lower than the national average. Moreover, the appreciation rate of 9.54% exceeds the US rate of 8.27%. This means that homeowners here can expect to see an increase in their home's value over time. Warroad's affordability and potential for growth make it an ideal location for people looking to purchase a home.

The median home cost in Warroad (zip 56763) is $204,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Warroad (zip 56763) is up 14.7%.

Average Age of Homes

- The median age of Warroad (zip 56763) real estate is 33 years old

The Rental Market in Warroad (zip 56763)

- Renters make up 23.9% of the Warroad (zip 56763) population
- 3.2% of houses and apartments in Warroad (zip 56763), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Warroad, Minnesota	United States
	2,422.0	139,647,020.0
	36	42
	$204,200	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$10.54	$10.98
	$1,574	$2,690
	58.1%	57.4%
	22.6%	11.2%
	19.2%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.7%	0.4%
	12.8%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	7.4%	2.6%
	1.7%	2.4%
	4.3%	2.8%
	6.7%	3.9%
	6.7%	4.5%
	23.6%	11.3%
	19.0%	13.0%
	20.7%	20.1%
	6.5%	13.6%
	0.4%	8.3%
	2.1%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	18.6%	13.6%
	22.5%	13.2%
	20.1%	14.8%
	18.6%	13.6%
	3.5%	10.0%
	2.2%	4.7%
	9.2%	12.2%

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