Zip 55316 (Champlin, MN) Housing

The housing market in 55316 Champlin, MN is a bit lower than the median value of the United States, with a median value of $348,300 compared to the US median value of $338,100. However, even though it is lower than the US median value, 55316 Champlin's one-year house appreciation rate is still quite high at 6.82%, only slightly lower than the national average of 8.27%. This makes it an attractive area for potential buyers looking for a more affordable option while still enjoying solid returns on their investment.

The median home cost in Champlin (zip 55316) is $348,300. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Champlin (zip 55316) is up 11.0%.

Average Age of Homes

- The median age of Champlin (zip 55316) real estate is 31 years old

The Rental Market in Champlin (zip 55316)

- Renters make up 12.7% of the Champlin (zip 55316) population
- 0.4% of houses and apartments in Champlin (zip 55316), 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	Champlin, Minnesota	United States
	8,870.0	139,647,020.0
	34	42
	$348,300	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.47	$10.98
	$3,111	$2,690
	88.4%	57.4%
	1.6%	11.2%
	9.9%	31.4%
Vacant Housing
	0.4%	1.9%
	0.4%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.2%	2.4%
	0.0%	2.8%
	0.2%	3.9%
	0.0%	4.5%
	4.5%	11.3%
	10.9%	13.0%
	44.3%	20.1%
	21.2%	13.6%
	9.3%	8.3%
	7.1%	9.7%
	0.6%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	22.9%	13.6%
	29.7%	13.2%
	12.9%	14.8%
	22.9%	13.6%
	3.9%	10.0%
	2.2%	4.7%
	1.8%	12.2%