The housing market in 55430 Brooklyn Center, MN is currently valued at $256,800, which is significantly lower than the US national median value of $338,100. Over the past year, the appreciation rate in this area has been comparatively low at 4.79%, while the US has experienced an average appreciation rate of 8.27% over the same period. Despite these lower numbers, Brooklyn Center remains a desirable location for those looking to purchase a home due to its proximity to Minneapolis and attractive suburban atmosphere.
The median home cost in Brooklyn Center (zip 55430) is $256,800. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Brooklyn Center (zip 55430) is up 7.1%.
Average Age of Homes
- The median age of Brooklyn Center (zip 55430) real estate is 56 years old
The Rental Market in Brooklyn Center (zip 55430)
- Renters make up 34.4% of the Brooklyn Center (zip 55430) population
- 0.2% of houses and apartments in Brooklyn Center (zip 55430), 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.