Zip 55985 (West Concord, MN) Housing

The housing market in 55985 West Concord, MN is slightly lower than the US median value of $338,100, coming in at a median home value of $253,400. Despite being lower than the US median value, the appreciation rate for homes in this area has been increasing steadily over the past year; 6.78%, compared to 8.27% nationally. This indicates that home values are rising and that investing in this area’s housing market is a smart move for potential buyers or renters looking to make a long-term commitment.

The median home cost in West Concord (zip 55985) is $253,400. Home appreciation the last 10 years has been 78.4%. Home Appreciation in West Concord (zip 55985) is up 11.4%.

Average Age of Homes

- The median age of West Concord (zip 55985) real estate is 61 years old

The Rental Market in West Concord (zip 55985)

- Renters make up 18.5% of the West Concord (zip 55985) population
- 0.0% of houses and apartments in West Concord (zip 55985), 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	West Concord, Minnesota	United States
	730.0	139,647,020.0
	65	42
	$253,400	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$10.52	$10.98
	$1,767	$2,690
	73.4%	57.4%
	10.0%	11.2%
	16.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	3.3%	3.6%
	5.6%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.5%	2.4%
	2.6%	2.8%
	5.8%	3.9%
	11.4%	4.5%
	17.0%	11.3%
	22.2%	13.0%
	14.7%	20.1%
	10.8%	13.6%
	7.1%	8.3%
	4.1%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	11.0%	13.6%
	5.9%	13.2%
	11.6%	14.8%
	11.0%	13.6%
	8.9%	10.0%
	3.3%	4.7%
	41.1%	12.2%

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