The housing market in 55398 Zimmerman, MN is slightly below the US housing median value at $341,100. This is about 1.15% lower than the overall US house median value of $338,100. However, while the US saw a 1 year appreciation of 8.27%, the house appreciation in 55398 Zimmerman was 6.82%. Thus home values in this area rose slightly slower than the national average, which could be an indicator of stability and a good place to invest for potential buyers.
The median home cost in Zimmerman (zip 55398) is $341,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Zimmerman (zip 55398) is up 11.0%.
Average Age of Homes
- The median age of Zimmerman (zip 55398) real estate is 21 years old
The Rental Market in Zimmerman (zip 55398)
- Renters make up 15.1% of the Zimmerman (zip 55398) population
- 0.0% of houses and apartments in Zimmerman (zip 55398), 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.