56385, Villard, MN

Home Equity and Home Prices in the 56385 Zip Code of Villard, MN

There are a total of 1,811 homes for sale in the zip code of 56385. The median home price is $187,500 and the median home equity value is $101,200. The average home value in this zip code has increased by 9.5% over the past year. This growth can be attributed to a number of factors including an increase in population and an increase in demand for housing.

The majority of homes for sale in this zip code are single family homes. There are also a small number of condos and townhomes for sale, but they make up a very small percentage of all listings.

The majority of homeowners in this zip code are owners who have lived there for more than five years. In fact, almost two-thirds (64%)of homeowners have lived there for at least ten years. This high level of stability may be due to the strong economy and low unemployment rate in this area. Additionally, Villard is located close to many amenities such as shopping malls and schools which may make it more desirable to live there long term.

Despite these positive trends, there are some areas where homeownership rates may be lower than average in this zip code. For example, renters make up a larger percentage of homeowners here than most other areas around Minneapolis-St Paul metro area (41% vs 30%). This could be due to the high cost of housing or perhaps because people who live here commute into Minneapolis-St Paul or elsewhere on a regular basis.

Overall, home equity and home prices continue to grow steadily throughout Minnesota and the 56385 zip code is no exception! If you're looking to buy or sell a home within this area, it's important to consult with an experienced real estate agent who can help you find your perfect property at the right price