55710, Britt, MN

The 55710 zip code of Britt, MN has a median home value of $119,000 and a median home equity value of $101,000. This is lower than the statewide median home value of $177,500 and the national median home equity value of $142,700. The 55710 zip code also has a lower than average homeownership rate at just 54%. This is likely due to the low median home values and high unemployment rates in this area.

Despite these factors, there are still many homeowners in the 55710 zip code who are benefiting from rising home prices. Homeowners in this area have seen their homes appreciate by an average of 7% over the past year. This means that even though homeownership rates are low in this area, those who do own their homes are doing well financially.