The housing median value in 55437 Bloomington, MN is $371,600, which is slightly higher than the US median house value of $338,100. The housing market in this area has seen slower appreciation over the past year compared to the national average of 8.27%, with a 1-year appreciation rate of 4.79%. Despite the smaller percentage increase, this area continues to be an attractive option for potential home buyers due to its competitive prices and proximity to various amenities.
The median home cost in Bloomington (zip 55437) is $371,600. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Bloomington (zip 55437) is up 7.1%.
Average Age of Homes
- The median age of Bloomington (zip 55437) real estate is 45 years old
The Rental Market in Bloomington (zip 55437)
- Renters make up 26.4% of the Bloomington (zip 55437) population
- 2.4% of houses and apartments in Bloomington (zip 55437), 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.