Zip 55387 (Waconia, MN) Housing

The housing median value in 55387 Waconia, MN is $403,100, which is higher than the US house median value of $338,100. However, the 1 year house appreciation in Waconia is 6.82%, which is lower than the US 1 year house appreciation rate of 8.27%. This indicates that home prices are increasing at a slower rate in this particular area than other parts of the country. Home buyers looking for an affordable option might consider Waconia as a potential option.

The median home cost in Waconia (zip 55387) is $403,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Waconia (zip 55387) is up 11.0%.

Average Age of Homes

- The median age of Waconia (zip 55387) real estate is 21 years old

The Rental Market in Waconia (zip 55387)

- Renters make up 17.0% of the Waconia (zip 55387) population
- 0.6% of houses and apartments in Waconia (zip 55387), 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	Waconia, Minnesota	United States
	5,312.0	139,647,020.0
	23	42
	$403,100	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$10.93	$10.98
	$3,814	$2,690
	79.3%	57.4%
	2.7%	11.2%
	17.9%	31.4%
Vacant Housing
	0.6%	1.9%
	0.8%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.1%	11.3%
	3.3%	13.0%
	28.8%	20.1%
	29.3%	13.6%
	18.9%	8.3%
	11.7%	9.7%
	2.9%	3.9%
	1.0%	2.2%
	0.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	32.5%	13.6%
	32.5%	13.6%
	17.2%	13.6%
	7.0%	13.2%
	9.5%	14.8%
	17.2%	13.6%
	3.5%	10.0%
	2.3%	4.7%
	6.7%	12.2%

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