Zip 55744 (Grand Rapids, MN) Housing

Grand Rapids, MN has a median value of $208,000 for housing which is well below the US House Median Value of $338,100. In the last year, house appreciation in Grand Rapids has been 13.08%, higher than the US average of 8.27%. This indicates that Grand Rapids is a booming housing market with an above average increase in its housing values compared to other areas across the country.

The median home cost in Grand Rapids (zip 55744) is $208,000. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Grand Rapids (zip 55744) is up 13.2%.

Average Age of Homes

- The median age of Grand Rapids (zip 55744) real estate is 40 years old

The Rental Market in Grand Rapids (zip 55744)

- Renters make up 21.8% of the Grand Rapids (zip 55744) population
- 0.7% of houses and apartments in Grand Rapids (zip 55744), 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	Grand Rapids, Minnesota	United States
	9,203.0	139,647,020.0
	41	42
	$208,000	$338,100
	13.2%	16.6%
	50.0%	57.0%
	60.0%	101.1%
	$9.72	$10.98
	$1,832	$2,690
	66.7%	57.4%
	11.8%	11.2%
	21.5%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	9.3%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	0.9%	2.4%
	2.1%	2.8%
	2.4%	3.9%
	4.5%	4.5%
	18.2%	11.3%
	22.5%	13.0%
	23.0%	20.1%
	13.9%	13.6%
	2.5%	8.3%
	5.6%	9.7%
	1.0%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	12.2%	13.6%
	12.2%	13.6%
	15.2%	13.6%
	12.7%	13.2%
	19.7%	14.8%
	15.2%	13.6%
	10.3%	10.0%
	5.3%	4.7%
	6.7%	12.2%

Reviews for Grand Rapids

See all (0)

Write a Review

Start Your Review of Grand Rapids

Commute

The premier source for comprehensive city data for over 30 years.