The housing market in 55118 West St. Paul, MN is a strong one. The median value of houses in the area is currently $345,600, which is slightly higher than the US House Median Value of $338,100. However, house appreciation growth has been slow compared to the US rate of 8.27%, with West St. Paul's growth at 4.70%. This slower rate can be attributed to the already high median value that is sustained in this part of Minnesota. Even so, investing in housing in this area could still make for a good long-term decision due to its desirable location and increasing home values over time.
The median home cost in West St. Paul (zip 55118) is $345,600. Home appreciation the last 10 years has been 85.8%. Home Appreciation in West St. Paul (zip 55118) is up 9.2%.
Average Age of Homes
- The median age of West St. Paul (zip 55118) real estate is 47 years old
The Rental Market in West St. Paul (zip 55118)
- Renters make up 31.5% of the West St. Paul (zip 55118) population
- 1.9% of houses and apartments in West St. Paul (zip 55118), 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.