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.