Zip 55438 (Bloomington, MN) Housing

The housing market in 55438 Bloomington, MN is strong with a median value of $375,900. This is significantly higher than the overall US median house value of $338,100. The US has experienced a year-on-year appreciation rate of 8.27%, while the appreciation rate in Bloomington was slightly lower at 4.79%. Despite this, there is still strong demand for homes in this area and it appears to be a great investment opportunity for prospective buyers.

The median home cost in Bloomington (zip 55438) is $375,900. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Bloomington (zip 55438) is up 7.1%.

Average Age of Homes

- The median age of Bloomington (zip 55438) real estate is 36 years old

The Rental Market in Bloomington (zip 55438)

- Renters make up 22.7% of the Bloomington (zip 55438) population
- 0.3% of houses and apartments in Bloomington (zip 55438), 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	Bloomington, Minnesota	United States
	7,491.0	139,647,020.0
	40	42
	$375,900	$338,100
	7.1%	16.6%
	40.7%	57.0%
	89.0%	101.1%
	$11.67	$10.98
	$3,900	$2,690
	75.7%	57.4%
	2.6%	11.2%
	21.6%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.9%	0.4%
	1.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.3%	3.9%
	0.2%	4.5%
	6.9%	11.3%
	15.9%	13.0%
	17.6%	20.1%
	25.6%	13.6%
	17.6%	8.3%
	12.2%	9.7%
	1.6%	3.9%
	1.0%	2.2%
	0.3%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.7%	13.6%
	0.7%	13.6%
	11.1%	13.6%
	39.9%	13.2%
	36.4%	14.8%
	11.1%	13.6%
	3.3%	10.0%
	0.5%	4.7%
	2.9%	12.2%

Reviews for Bloomington

See all (0)

Write a Review

Start Your Review of Bloomington

Commute