The median value of housing in Bloomington, MN (55425) is $295,300. This is slightly lower than the US House median value of $338,100. The US 1 year house appreciation rate is 8.27%, whereas Bloomington has a 1 year house appreciation rate of 4.79%. Therefore, those who are looking to invest in housing in Bloomington can expect a much lower return than the national average. Despite this, however, it still remains an attractive area for homeowners and those who are looking to invest in real estate.
The median home cost in Bloomington (zip 55425) is $295,300. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Bloomington (zip 55425) is up 7.1%.
Average Age of Homes
- The median age of Bloomington (zip 55425) real estate is 51 years old
The Rental Market in Bloomington (zip 55425)
- Renters make up 43.4% of the Bloomington (zip 55425) population
- 1.4% of houses and apartments in Bloomington (zip 55425), 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.