Zip 55417 (Minneapolis, MN) Housing

Housing in 55417 Minneapolis, MN is just above the national median value of $338,100 at $337,900. Although it is only slightly higher than the US median value, the appreciation rate in this area has been lower than that of the country as a whole with an increase of 4.79% compared to 8.27%. Despite this slight lag in appreciation rate, 55417 Minneapolis, MN remains a great option for anyone looking to invest in real estate due to its proximity to a number of amenities and prime locations within the city.

The median home cost in Minneapolis (zip 55417) is $337,900. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Minneapolis (zip 55417) is up 7.1%.

Average Age of Homes

- The median age of Minneapolis (zip 55417) real estate is 73 years old

The Rental Market in Minneapolis (zip 55417)

- Renters make up 18.0% of the Minneapolis (zip 55417) population
- 0.8% of houses and apartments in Minneapolis (zip 55417), 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
	11,320.0	139,647,020.0
	78	42
	$337,900	$338,100
	7.1%	16.6%
	40.7%	57.0%
	89.0%	101.1%
	$12.80	$10.98
	$3,846	$2,690
	78.1%	57.4%
	4.4%	11.2%
	17.5%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.3%	0.4%
	0.2%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.2%	2.4%
	0.3%	2.8%
	0.7%	3.9%
	0.7%	4.5%
	4.2%	11.3%
	7.5%	13.0%
	35.6%	20.1%
	28.0%	13.6%
	13.3%	8.3%
	6.8%	9.7%
	1.6%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	1.7%	13.6%
	4.0%	13.2%
	4.2%	14.8%
	1.7%	13.6%
	19.4%	10.0%
	18.9%	4.7%
	43.9%	12.2%

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