Zip 55419 (Minneapolis, MN) Housing

In 55419 Minneapolis, MN the median housing value is $416,800. This is higher than the US median housing value of $338,100. While the US experienced a one year house appreciation rate of 8.27%, Minneapolis saw a slightly lower appreciation rate of 4.79%. Despite this lower appreciation rate, it still provides homeowners with an increase in their home's value. Overall, housing in 55419 Minneapolis is seen as a great investment for buyers and sellers alike due to its relatively high median value and potential for future growth.

The median home cost in Minneapolis (zip 55419) is $416,800. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Minneapolis (zip 55419) is up 7.1%.

Average Age of Homes

- The median age of Minneapolis (zip 55419) real estate is 78 years old

The Rental Market in Minneapolis (zip 55419)

- Renters make up 21.0% of the Minneapolis (zip 55419) population
- 2.3% of houses and apartments in Minneapolis (zip 55419), 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	Minneapolis, Minnesota	United States
	11,868.0	139,647,020.0
	81	42
	$416,800	$338,100
	7.1%	16.6%
	40.7%	57.0%
	89.0%	101.1%
	$14.36	$10.98
	$5,820	$2,690
	73.6%	57.4%
	5.0%	11.2%
	21.4%	31.4%
Vacant Housing
	2.3%	1.9%
	0.5%	0.4%
	0.3%	0.7%
	0.9%	0.4%
	0.2%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.6%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.1%	4.5%
	1.4%	11.3%
	3.5%	13.0%
	19.7%	20.1%
	23.2%	13.6%
	17.4%	8.3%
	22.9%	9.7%
	7.8%	3.9%
	1.8%	2.2%
	0.4%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	2.3%	13.6%
	1.8%	13.2%
	3.1%	14.8%
	2.3%	13.6%
	16.5%	10.0%
	14.5%	4.7%
	49.9%	12.2%

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