Zip 55454 (Minneapolis, MN) Housing

Housing in 55454 Minneapolis, MN is far more affordable than the US median at a value of $173,100. Although the appreciation rate of 4.79% is lower than the national average of 8.27%, it still indicates a positive trend in home values for this area. This makes 55454 Minneapolis, MN an attractive option for people looking for an affordable place to live that is still expected to appreciate in value over time.

The median home cost in Minneapolis (zip 55454) is $173,100. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Minneapolis (zip 55454) is up 7.1%.

Average Age of Homes

- The median age of Minneapolis (zip 55454) real estate is 44 years old

The Rental Market in Minneapolis (zip 55454)

- Renters make up 80.1% of the Minneapolis (zip 55454) population
- 3.9% of houses and apartments in Minneapolis (zip 55454), 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
	3,752.0	139,647,020.0
	47	42
	$173,100	$338,100
	7.1%	16.6%
	40.7%	57.0%
	89.0%	101.1%
	$10.98	$10.98
	$1,543	$2,690
	10.3%	57.4%
	6.2%	11.2%
	83.5%	31.4%
Vacant Housing
	3.9%	1.9%
	1.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	18.8%	3.9%
	0.0%	4.5%
	40.7%	11.3%
	19.3%	13.0%
	11.6%	20.1%
	0.0%	13.6%
	5.4%	8.3%
	0.0%	9.7%
	4.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	4.2%	13.6%
	7.7%	13.2%
	37.9%	14.8%
	4.2%	13.6%
	1.6%	10.0%
	0.3%	4.7%
	13.9%	12.2%

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