Welcome to our 55043 real estate data hub, tailored for investors in Lakeland, MN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 55043 in Lakeland, MN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WASHINGTON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lakeland, MN real estate investing. Uncover the wealth of information available, and position yourself for success in the Lakeland property market.
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Location Overview
- Zip Code: 55043
- City: Lakeland
- State: MN
- Metro Area: Minneapolis-St. Paul-Bloomington, MN-WI
- County Name: WASHINGTON COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $371,194
- Average Home Price (Single Family Homes): $371,120
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,460
- Average 3 Bedroom Section 8 Rental Rates: $1,980
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.19
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.62
- Number of Units Offered in Section 8 in the County: 841
- Number of Occupied Units in Section 8 in the County: 787
- Percentage of Section 8 Units Occupied in the County: 93.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 278.29
- Total % Appreciation since 2000 (Government Data): 109.77
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.37%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.63%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 18.73%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.13%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.74%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.92%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.35%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%