Zip 55106 (St. Paul, MN) Housing

The housing market in 55106 St. Paul, MN is significantly lower than the national average. The median value of a house in this area is $244,000, which is considerably less than the US median housing value of $338,100. Over the last year, house appreciation in St. Paul has been 4.70%, which is significantly below the national average of 8.27%. This suggests that while there are still potential opportunities for investment in this area that buyers will be getting less return on their investment than what might be available elsewhere throughout the country.

The median home cost in St. Paul (zip 55106) is $244,000. Home appreciation the last 10 years has been 85.8%. Home Appreciation in St. Paul (zip 55106) is up 9.2%.

Average Age of Homes

- The median age of St. Paul (zip 55106) real estate is 64 years old

The Rental Market in St. Paul (zip 55106)

- Renters make up 42.0% of the St. Paul (zip 55106) population
- 1.5% of houses and apartments in St. Paul (zip 55106), 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	St. Paul, Minnesota	United States
	19,644.0	139,647,020.0
	67	42
	$244,000	$338,100
	9.2%	16.6%
	43.3%	57.0%
	85.8%	101.1%
	$13.22	$10.98
	$2,363	$2,690
	53.0%	57.4%
	4.8%	11.2%
	42.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.8%	2.4%
	1.1%	2.8%
	1.0%	3.9%
	3.5%	4.5%
	15.4%	11.3%
	40.4%	13.0%
	27.9%	20.1%
	4.2%	13.6%
	1.2%	8.3%
	0.8%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	4.6%	13.6%
	5.9%	13.2%
	9.3%	14.8%
	4.6%	13.6%
	18.5%	10.0%
	7.1%	4.7%
	34.6%	12.2%

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