Zip 56357 (Oak Park, MN) Housing

Housing in 56357 Oak Park, MN is a great value. The median value of a home in this area is $303,300 which is lower than the US median value of $338,100. Over the past year, the appreciation rate in Oak Park has been 7.75%, slightly lower than the national average of 8.27%. This means that those looking to invest in real estate can do so with confidence that their investment will be maintained over time. With its affordability and stable appreciation rate, Oak Park is an excellent place to find a home.

The median home cost in Oak Park (zip 56357) is $303,300. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Oak Park (zip 56357) is up 13.6%.

Average Age of Homes

- The median age of Oak Park (zip 56357) real estate is 47 years old

The Rental Market in Oak Park (zip 56357)

- Renters make up 3.9% of the Oak Park (zip 56357) population
- 0.0% of houses and apartments in Oak Park (zip 56357), 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	Oak Park, Minnesota	United States
	394.0	139,647,020.0
	49	42
	$303,300	$338,100
	13.6%	16.6%
	50.2%	57.0%
	77.8%	101.1%
	$11.61	$10.98
	$2,194	$2,690
	92.4%	57.4%
	2.0%	11.2%
	5.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.5%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	0.5%	2.4%
	1.1%	2.8%
	1.4%	3.9%
	4.4%	4.5%
	10.7%	11.3%
	19.5%	13.0%
	28.0%	20.1%
	12.9%	13.6%
	9.1%	8.3%
	4.9%	9.7%
	0.8%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.2%	13.6%
	15.2%	13.6%
	10.9%	13.6%
	7.6%	13.2%
	9.6%	14.8%
	10.9%	13.6%
	4.1%	10.0%
	5.8%	4.7%
	31.2%	12.2%

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