The housing median value for 55007 Brook Park, MN is $216,200 which is significantly lower than the US housing median value of $338,100. The US house appreciation rate is 8.27% per year whereas the house appreciation rate in 55007 Brook Park, MN is 6.66% per year. Despite a lower median housing value in Brook Park compared to the US average, it still has experienced steady house appreciation rates over the past year. This could indicate that there are certain desirable aspects about living in this locale that make it an attractive option to potential buyers.
The median home cost in Brook Park (zip 55007) is $216,200. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Brook Park (zip 55007) is up 12.2%.
Average Age of Homes
- The median age of Brook Park (zip 55007) real estate is 34 years old
The Rental Market in Brook Park (zip 55007)
- Renters make up 8.9% of the Brook Park (zip 55007) population
- 0.3% of houses and apartments in Brook Park (zip 55007), 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.