Housing in Lino Lakes, MN (zip code 55014) has a current median value of $351,600. This is slightly higher than the US median house value of $338,100. The 1 year house appreciation rate in Lino Lakes is 6.66%, which is lower than the US rate of 8.27%. While home values in Lino Lakes are higher than the national average, residents benefit from a slower pace of appreciation compared to other parts of the country. As such, residents hope that this trend will continue and their houses maintain significant value for years to come.
The median home cost in Lino Lakes (zip 55014) is $351,600. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Lino Lakes (zip 55014) is up 12.2%.
Average Age of Homes
- The median age of Lino Lakes (zip 55014) real estate is 30 years old
The Rental Market in Lino Lakes (zip 55014)
- Renters make up 12.4% of the Lino Lakes (zip 55014) population
- 0.8% of houses and apartments in Lino Lakes (zip 55014), 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.