The housing market in 55443 Brooklyn Park, MN is quite strong. The median value of housing in the area is $354,400 which is higher than the US median house value of $338,100. However, while the US experienced a growth rate of 8.27% for its 1 year house appreciation, 55443 Brooklyn Park's appreciation rate was slightly lower at 4.79%. Despite this difference in growth rates, the overall housing market in Brooklyn Park remains healthy and shows promise for future development and growth.
The median home cost in Brooklyn Park (zip 55443) is $354,400. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Brooklyn Park (zip 55443) is up 7.1%.
Average Age of Homes
- The median age of Brooklyn Park (zip 55443) real estate is 29 years old
The Rental Market in Brooklyn Park (zip 55443)
- Renters make up 22.7% of the Brooklyn Park (zip 55443) population
- 1.2% of houses and apartments in Brooklyn Park (zip 55443), 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.