Zip 56096 (Waterville, MN) Housing

The housing market in 56096 Waterville, MN is thriving. According to the given data, the median value of houses in the area is $261,300, which is significantly lower than the US median value of $338,100. Despite this difference in price, Waterville has seen an impressive 11.33% increase in house appreciation over the past year - higher than the US average of 8.27%. This indicates that Waterville is a great place to invest in real estate and has a strong and growing housing market overall.

The median home cost in Waterville (zip 56096) is $261,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Waterville (zip 56096) is up 11.6%.

Average Age of Homes

- The median age of Waterville (zip 56096) real estate is 57 years old

The Rental Market in Waterville (zip 56096)

- Renters make up 17.2% of the Waterville (zip 56096) population
- 0.7% of houses and apartments in Waterville (zip 56096), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Waterville, Minnesota	United States
	1,522.0	139,647,020.0
	55	42
	$261,300	$338,100
	11.6%	16.6%
	43.0%	57.0%
	70.2%	101.1%
	$9.92	$10.98
	$2,013	$2,690
	62.1%	57.4%
	22.5%	11.2%
	15.4%	31.4%
Vacant Housing
	0.7%	1.9%
	0.4%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	15.1%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	2.5%	2.4%
	1.8%	2.8%
	4.0%	3.9%
	3.3%	4.5%
	23.2%	11.3%
	14.1%	13.0%
	20.3%	20.1%
	19.8%	13.6%
	5.0%	8.3%
	3.2%	9.7%
	1.6%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	15.0%	13.6%
	7.2%	13.2%
	10.0%	14.8%
	15.0%	13.6%
	12.4%	10.0%
	5.0%	4.7%
	26.5%	12.2%

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