Zip 55415 (Minneapolis, MN) Housing

Housing in 55415 Minneapolis, MN is more expensive than the US House Median Value of $338,100 with a Median Value of $502,600. However, this area has seen slower appreciation than the national average over the past year with an appreciation of 4.79% compared to 8.27%. While housing prices in this area are still going up, it is at a slower rate than other parts of the country.

The median home cost in Minneapolis (zip 55415) is $502,600. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Minneapolis (zip 55415) is up 7.1%.

Average Age of Homes

- The median age of Minneapolis (zip 55415) real estate is 17 years old

The Rental Market in Minneapolis (zip 55415)

- Renters make up 43.3% of the Minneapolis (zip 55415) population
- 3.7% of houses and apartments in Minneapolis (zip 55415), 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
	2,751.0	139,647,020.0
	10	42
	$502,600	$338,100
	7.1%	16.6%
	40.7%	57.0%
	89.0%	101.1%
	$13.12	$10.98
	$6,486	$2,690
	31.0%	57.4%
	5.7%	11.2%
	63.2%	31.4%
Vacant Housing
	3.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	1.8%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.2%	11.3%
	0.0%	13.0%
	13.1%	20.1%
	9.8%	13.6%
	24.8%	8.3%
	34.3%	9.7%
	3.2%	3.9%
	11.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.3%	13.6%
	19.3%	13.6%
	1.4%	13.6%
	9.9%	13.2%
	2.6%	14.8%
	1.4%	13.6%
	4.6%	10.0%
	0.0%	4.7%
	8.3%	12.2%

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