56296, Wheaton, MN

Wheaton, Minnesota is a suburb of Minneapolis and has a population of around 50,000. Home prices in Wheaton have increased steadily over the past few years and are now among the highest in the Twin Cities area. The median home price in Wheaton was $269,900 in May 2017.

The main drivers of home prices in Wheaton appear to be strong demand from local buyers and limited supply. The average number of homes for sale has been relatively stable over the past few years, but there has been an increase in the number of homes available for purchase. This suggests that buyers are able to get into the market more easily than ever before, which is likely contributing to rising home prices.

Home equity is also an important factor when it comes to buying or selling a home. In Wheaton, homeowners have access to a wide range of financing options that can help them buy or sell their homes more quickly and affordably. This makes Wheaton an attractive place to live and invest in property.