55336, Glencoe, MN

The 55336 zip code of Glencoe, MN has a median home value of $221,000 and a median home equity value of $146,000. The average home price in the Glencoe area has increased by over 10% since 2013. In addition to the increase in home values, there has been an increase in the number of homes for sale in the Glencoe area as well. There are currently 101 homes for sale in the 55336 zip code compared to 88 homes for sale at this time last year. This indicates that there is strong demand for housing in the Glencoe area and that prices are likely to continue to rise.

One reason why prices have increased so much in the Glencoe area is because of the low interest rates that are currently available. Interest rates have been very low for a long period of time and this has made it more affordable for people to buy homes. Additionally, there is a lot of demand for housing in the Glencoe area because it is located close to many amenities and businesses. The population growth rate in the Glencoe area is also high which contributes to increased demand for housing.