Welcome to our 55356 real estate data hub, tailored for investors in Orono, 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 55356 in Orono, MN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in HENNEPIN COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Orono, MN real estate investing. Uncover the wealth of information available, and position yourself for success in the Orono property market.
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Location Overview
- Zip Code: 55356
- City: Orono
- State: MN
- Metro Area: Minneapolis-St. Paul-Bloomington, MN-WI
- County Name: HENNEPIN COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $706,051
- Average Home Price (Single Family Homes): $724,350
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,620
- Average 3 Bedroom Section 8 Rental Rates: $2,200
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 36.32
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 26.74
- Number of Units Offered in Section 8 in the County: 13332
- Number of Occupied Units in Section 8 in the County: 12545
- Percentage of Section 8 Units Occupied in the County: 94.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 223.95
- Total % Appreciation since 2000 (Government Data): 90.14
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.15%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.16%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.16%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 42.47%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 87.41%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.62%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 105.81%
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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%