The housing market in 55445 Brooklyn Park, MN is slightly below the US median value of $338,100 but still provides a good opportunity for investors. Over the past year, the appreciation rate in 55445 Brooklyn Park, MN has been 4.79%, which is slightly lower than the national average of 8.27%. However, this could be a great time for potential buyers to enter the market and take advantage of this relatively low price. With its close proximity to Minneapolis-Saint Paul and other major cities in Minnesota, 55445 Brooklyn Park is definitely an area worth considering for potential homeowners or real estate investors.
The median home cost in Brooklyn Park (zip 55445) is $320,200. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Brooklyn Park (zip 55445) is up 7.1%.
Average Age of Homes
- The median age of Brooklyn Park (zip 55445) real estate is 32 years old
The Rental Market in Brooklyn Park (zip 55445)
- Renters make up 10.9% of the Brooklyn Park (zip 55445) population
- 2.3% of houses and apartments in Brooklyn Park (zip 55445), 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.