Zip 55012 (Center City, MN) Housing

The housing market in Center City, MN (55012) is slightly below the national average median value of $338,100. The median values for houses in Center City are $357,300. The US housing market has seen an appreciation of 8.27% for the past year, while Center City’s market has had a 1 year house appreciation of only 6.66%. This suggests that the housing market in Center City is slightly behind the national average when it comes to price appreciation and overall median value.

The median home cost in Center City (zip 55012) is $357,300. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Center City (zip 55012) is up 12.2%.

Average Age of Homes

- The median age of Center City (zip 55012) real estate is 40 years old

The Rental Market in Center City (zip 55012)

- Renters make up 8.4% of the Center City (zip 55012) population
- 1.3% of houses and apartments in Center City (zip 55012), 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

Housing	Center City, Minnesota	United States
	778.0	139,647,020.0
	48	42
	$357,300	$338,100
	12.2%	16.6%
	47.9%	57.0%
	94.0%	101.1%
	$10.47	$10.98
	$3,004	$2,690
	78.0%	57.4%
	12.2%	11.2%
	9.8%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	10.2%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	2.0%	2.4%
	0.0%	2.8%
	0.3%	3.9%
	0.8%	4.5%
	4.3%	11.3%
	10.4%	13.0%
	35.8%	20.1%
	22.4%	13.6%
	14.0%	8.3%
	7.7%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	17.9%	13.6%
	10.4%	13.2%
	16.2%	14.8%
	17.9%	13.6%
	10.4%	10.0%
	2.2%	4.7%
	26.5%	12.2%

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