Zip 55150 (Mendota, MN) Housing

55150 Mendota, MN is a great place to live due to its reasonably priced housing. The median value of homes in the 55150 area is $364,200, which is slightly higher than the median house value in the United States ($338,100). Additionally, this past year has seen a 4.70% appreciation in housing values in 55150 Mendota, as opposed to 8.27% nationally. This makes it an attractive market for those looking for a slower rise in prices and more stability when it comes to home values.

The median home cost in Mendota (zip 55150) is $364,200. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Mendota (zip 55150) is up 9.2%.

Average Age of Homes

- The median age of Mendota (zip 55150) real estate is 65 years old

The Rental Market in Mendota (zip 55150)

- Renters make up 46.3% of the Mendota (zip 55150) population
- 6.3% of houses and apartments in Mendota (zip 55150), 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	Mendota, Minnesota	United States
	63.0	139,647,020.0
	66	42
	$364,200	$338,100
	9.2%	16.6%
	43.3%	57.0%
	85.8%	101.1%
	$10.79	$10.98
	$3,182	$2,690
	74.6%	57.4%
	7.9%	11.2%
	17.5%	31.4%
Vacant Housing
	6.3%	1.9%
	1.6%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.1%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	4.3%	11.3%
	21.3%	13.0%
	23.4%	20.1%
	23.4%	13.6%
	10.6%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	4.3%	2.2%
	8.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.2%	13.6%
	22.2%	13.6%
	6.3%	13.6%
	0.0%	13.2%
	4.8%	14.8%
	6.3%	13.6%
	17.5%	10.0%
	7.9%	4.7%
	33.3%	12.2%

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