Zimmerman MN home valuation

Home prices in Zimmerman M have seen an increase over the past few years, but they are not the highest in the country. In 2017, the median list price for a home was \$190,000. The average sales price for homes sold was \$269,000. Homes on average have grown by about 2% annually since 2010, but this is slower than what other states have seen in recent years. The biggest contributor to these increasing prices has been low supply due to fewer builders and stricter lending requirements which has led many people to rent instead of buy a house.

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