Zip 55959 (Minnesota City, MN) Housing

The housing market in Minnesota City, MN (55959) is doing well compared to the national average. The median value of housing in the area is $262,700, which is lower than the US house median value of $338,100. Although the one year house appreciation in Minnesota City is 6.78%, which is slightly lower than the average 8.27% US one year house appreciation rate, it still shows that housing values are steadily increasing over time and could be a great investment opportunity for those looking to purchase property in this area.

The median home cost in Minnesota City (zip 55959) is $262,700. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Minnesota City (zip 55959) is up 11.4%.

Average Age of Homes

- The median age of Minnesota City (zip 55959) real estate is 38 years old

The Rental Market in Minnesota City (zip 55959)

- Renters make up 10.9% of the Minnesota City (zip 55959) population
- 2.0% of houses and apartments in Minnesota City (zip 55959), 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	Minnesota City, Minnesota	United States
	988.0	139,647,020.0
	41	42
	$262,700	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$9.61	$10.98
	$1,644	$2,690
	67.7%	57.4%
	12.2%	11.2%
	20.0%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.9%	0.4%
	0.3%	3.6%
	7.8%	4.1%
Value of Owner-Occupied Housing
	12.6%	2.6%
	6.6%	2.4%
	3.6%	2.8%
	1.6%	3.9%
	6.3%	4.5%
	12.7%	11.3%
	12.4%	13.0%
	30.6%	20.1%
	6.7%	13.6%
	4.3%	8.3%
	0.3%	9.7%
	1.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	27.1%	13.6%
	8.8%	13.2%
	15.4%	14.8%
	27.1%	13.6%
	6.3%	10.0%
	3.6%	4.7%
	11.7%	12.2%

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