Zip 55414 (Minneapolis, MN) Housing

The housing market in 55414 Minneapolis, MN is slightly below the US median value of $338,100, at a median value of $377,100. However, while the US house market has had a rate of appreciation over the past year of 8.27%, 55414 Minneapolis, MN has only seen an appreciation rate of 4.79%. This difference could be indicative of a slower growth for the housing market in this area than that of the entire US.

The median home cost in Minneapolis (zip 55414) is $377,100. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Minneapolis (zip 55414) is up 7.1%.

Average Age of Homes

- The median age of Minneapolis (zip 55414) real estate is 44 years old

The Rental Market in Minneapolis (zip 55414)

- Renters make up 73.2% of the Minneapolis (zip 55414) population
- 4.6% of houses and apartments in Minneapolis (zip 55414), 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	Minneapolis, Minnesota	United States
	13,611.0	139,647,020.0
	38	42
	$377,100	$338,100
	7.1%	16.6%
	40.7%	57.0%
	89.0%	101.1%
	$12.88	$10.98
	$4,730	$2,690
	14.5%	57.4%
	8.9%	11.2%
	76.6%	31.4%
Vacant Housing
	4.6%	1.9%
	1.9%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	1.0%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.5%	4.5%
	3.4%	11.3%
	8.6%	13.0%
	21.0%	20.1%
	20.4%	13.6%
	19.1%	8.3%
	16.7%	9.7%
	4.7%	3.9%
	2.0%	2.2%
	0.0%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.0%	13.6%
	9.0%	13.6%
	8.3%	13.6%
	8.8%	13.2%
	8.6%	14.8%
	8.3%	13.6%
	6.2%	10.0%
	2.4%	4.7%
	20.4%	12.2%

Reviews for Minneapolis

See all (1)

Write a Review

Hezz · Minneapolis, MN

Prospect Park

Over 16 years ago

Summer is creeping in here along the river and it looks fabulous! Rather than challenge the shade and struggle growing grass, many neighbors garden their whole front More

| Reply

Start Your Review of Minneapolis

See all reviews

Commute