Zip 55429 (Brooklyn Center, MN) Housing


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The housing market in 55429 Brooklyn Center, MN is currently quite promising. The median value of homes is $268,800, which is significantly lower than the US house median of $338,100. In the past year, the US house appreciation was 8.27%, while 55429 Brooklyn Center experienced a slightly slower appreciation rate of 4.79%. This means that homeowners in this area are able to invest in their properties with greater affordability and will see a steady growth in the long run.

The median home cost in Brooklyn Center (zip 55429) is $268,800. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Brooklyn Center (zip 55429) is up 7.1%.

Average Age of Homes
- The median age of Brooklyn Center (zip 55429) real estate is 52 years old
The Rental Market in Brooklyn Center (zip 55429)
- Renters make up 42.8% of the Brooklyn Center (zip 55429) population
- 1.2% of houses and apartments in Brooklyn Center (zip 55429), 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

  HousingBrooklyn Center, MinnesotaUnited States
  10,490.0139,647,020.0
  5742
  $268,800$338,100
  7.1%16.6%
  40.7%57.0%
  89.0%101.1%
  $13.60$10.98
  $2,837$2,690
  53.3%57.4%
  2.3%11.2%
  44.4%31.4%
  Vacant Housing
  1.2%1.9%
  0.4%0.4%
  0.2%0.7%
  0.5%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  1.2%2.6%
  0.4%2.4%
  0.0%2.8%
  2.4%3.9%
  2.2%4.5%
  8.7%11.3%
  28.9%13.0%
  48.0%20.1%
  3.7%13.6%
  1.6%8.3%
  0.5%9.7%
  1.0%3.9%
  0.0%2.2%
  0.0%0.8%
  1.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.6%13.6%
  0.6%13.6%
  6.2%13.6%
  8.3%13.2%
  17.4%14.8%
  6.2%13.6%
  35.1%10.0%
  2.4%4.7%
  2.4%12.2%
Commute