56519, Borup, MN

Home equity is the difference between the market value of a home and the amount of money that a homeowner owes on that home. In Borup, MN, home equity averaged $157,000 in 2016. That's up from $151,000 in 2015 and $141,000 in 2014.

The average price of a home in Borup was $146,500 in 2016. That's up from $142,500 in 2015 and $134,500 in 2014. The increase may be due to increased demand for homes in Borup or to inflationary pressures.