City:

Ponemah, MN

Ponemah is a city in the state of minnesota with a population of roughly 1,224. It is in Beltrami County, Minnesota the Bemidji, MN core-based statistical areas (CBSA), Its Zip codes include 56666 .

Trends in Home Prices in Ponemah, MN

Ponemah is a small town located in the rural area of Minnesota. The population of Ponemah was just over 1,000 people in 2010. The town is situated on the banks of the Ponemah River and has a history dating back to 1855.

The economy of Ponemah is based on agriculture, with crops such as corn, soybeans, and wheat being grown. There are also some small businesses located in the town, including a grocery store and a gas station. However, the main source of income for residents is from real estate.

There are currently four major real estate companies operating in Ponemah: Coldwell Banker Residential Brokerage, Keller Williams Realty Southwest Minnesota/Iowa, RE/MAX Results byowner Properties Inc., and Tri-State Real Estate Solutions LLC. These companies have been able to bring new life into the town by providing housing for local residents as well as attracting new businesses and families to the area.

The majority of homes in Ponemah are single family homes or duplexes. However, there are also some apartments available for rent in the town. The average price for a home in Ponemah was $135,000 in 2016 according to Zillow data. This price range reflects both the affordable nature of most homes as well as the high demand for housing in this small town.

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