Zip 55977 (Taopi, MN) Housing

The housing median value in 55977 Taopi, MN is $295,400, which is slightly lower than the US housing median value of $338,100. The 1 year house appreciation rate in Taopi is 6.78%, which is slightly lower than the US average of 8.27%. This suggests that while there has been some recent growth in the housing market in 55977 Taopi, MN, it's currently lagging behind other parts of the United States. While it may be a good time to buy in this area, potential buyers should consider their individual circumstances before making any major decisions.

The median home cost in Taopi (zip 55977) is $295,400. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Taopi (zip 55977) is up 11.4%.

Average Age of Homes

- The median age of Taopi (zip 55977) real estate is 40 years old

The Rental Market in Taopi (zip 55977)

- Renters make up 15.6% of the Taopi (zip 55977) population
- 5.1% of houses and apartments in Taopi (zip 55977), 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	Taopi, Minnesota	United States
	78.0	139,647,020.0
	43	42
	$295,400	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$10.28	$10.98
	$2,100	$2,690
	69.2%	57.4%
	14.1%	11.2%
	16.7%	31.4%
Vacant Housing
	5.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	9.0%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	3.7%	2.4%
	1.9%	2.8%
	9.3%	3.9%
	11.1%	4.5%
	13.0%	11.3%
	24.1%	13.0%
	9.3%	20.1%
	14.8%	13.6%
	9.3%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	20.5%	13.6%
	16.7%	13.2%
	10.3%	14.8%
	20.5%	13.6%
	11.5%	10.0%
	1.3%	4.7%
	24.4%	12.2%

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