Zip 55115 (Mahtomedi, MN) Housing

The housing market in 55115 Mahtomedi, MN is quite stable. The Median Value for houses in this area is $460,100, which is significantly higher than the US House Median Value of $338,100. Although the house appreciation rate year-over-year for this location is lower than the US average at 4.70%, it remains a good investment opportunity as this appreciation rate indicates stability.

The median home cost in Mahtomedi (zip 55115) is $460,100. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Mahtomedi (zip 55115) is up 9.2%.

Average Age of Homes

- The median age of Mahtomedi (zip 55115) real estate is 32 years old

The Rental Market in Mahtomedi (zip 55115)

- Renters make up 15.1% of the Mahtomedi (zip 55115) population
- 0.2% of houses and apartments in Mahtomedi (zip 55115), 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	Mahtomedi, Minnesota	United States
	3,320.0	139,647,020.0
	36	42
	$460,100	$338,100
	9.2%	16.6%
	43.3%	57.0%
	85.8%	101.1%
	$11.17	$10.98
	$4,394	$2,690
	81.3%	57.4%
	2.5%	11.2%
	16.2%	31.4%
Vacant Housing
	0.2%	1.9%
	1.3%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	1.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.7%	11.3%
	4.4%	13.0%
	16.9%	20.1%
	28.9%	13.6%
	17.8%	8.3%
	22.3%	9.7%
	3.8%	3.9%
	2.0%	2.2%
	0.9%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.8%	13.6%
	12.8%	13.6%
	20.2%	13.6%
	18.0%	13.2%
	9.5%	14.8%
	20.2%	13.6%
	6.3%	10.0%
	2.3%	4.7%
	14.6%	12.2%

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