The housing market in 55444 Brooklyn Park, MN is relatively healthy compared to the US average. The median home value in the area stands at $319,700, which is slightly lower than the US median of $338,100. However, while the US saw an appreciation of 8.27% in the last 12 months, Brooklyn Park clocked a respectable 4.79%. This implies that people are still investing in and looking for properties in the area despite not having as much growth as the national picture. Overall, it appears that housing values continue to remain stable and strong in Brooklyn Park.
The median home cost in Brooklyn Park (zip 55444) is $319,700. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Brooklyn Park (zip 55444) is up 7.1%.
Average Age of Homes
- The median age of Brooklyn Park (zip 55444) real estate is 36 years old
The Rental Market in Brooklyn Park (zip 55444)
- Renters make up 16.0% of the Brooklyn Park (zip 55444) population
- 0.3% of houses and apartments in Brooklyn Park (zip 55444), 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.