The housing median value in 55426 St. Louis Park, MN is $330,700, which is lower than the US house median value of $338,100. The US 1 year house appreciation rate in this area is 8.27%, higher than the national average of 4.79%. This indicates that there has been a steady increase in housing prices in this area over the past year. With a relatively low median value and an above-average appreciation rate, 55426 St. Louis Park provides an attractive option for potential homebuyers looking for affordable housing with significant potential for appreciation over time.
The median home cost in St. Louis Park (zip 55426) is $330,700. Home appreciation the last 10 years has been 89.0%. Home Appreciation in St. Louis Park (zip 55426) is up 7.1%.
Average Age of Homes
- The median age of St. Louis Park (zip 55426) real estate is 56 years old
The Rental Market in St. Louis Park (zip 55426)
- Renters make up 37.7% of the St. Louis Park (zip 55426) population
- 1.0% of houses and apartments in St. Louis Park (zip 55426), 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.