Cook, MN is an area that has experienced strong growth in housing values over the past year. The median value of homes in 55723 Cook, MN is $190,200 and this represents a 13.08% appreciation rate over the past year. This rate of appreciation is higher than the national average of 8.27%, indicating that homes in Cook are becoming more valuable at a greater rate than the rest of the country. The overall median house value for the US stands at $338,100 and this shows just how much further ahead Cook’s housing market has become compared to the rest of the nation.
The median home cost in Cook (zip 55723) is $190,200. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Cook (zip 55723) is up 13.2%.
Average Age of Homes
- The median age of Cook (zip 55723) real estate is 42 years old
The Rental Market in Cook (zip 55723)
- Renters make up 5.5% of the Cook (zip 55723) population
- 0.6% of houses and apartments in Cook (zip 55723), 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.