Welcome to our 55416 real estate data hub, tailored for investors in Saint Louis Park, 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 55416 in Saint Louis Park, 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 Saint Louis Park, MN real estate investing. Uncover the wealth of information available, and position yourself for success in the Saint Louis Park property market.
-
Location Overview
- Zip Code: 55416
- City: Saint Louis Park
- State: MN
- Metro Area: Minneapolis-St. Paul-Bloomington, MN-WI
- County Name: HENNEPIN COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $411,031
- Average Home Price (Single Family Homes): $465,493
- Average Monthly Rental Price (All Types): $1,768
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: -0.5%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,780
- Average 3 Bedroom Section 8 Rental Rates: $2,420
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.24
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.15
- 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%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 302.39
- Total % Appreciation since 2000 (Government Data): 130.88
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.67%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.41%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 12.69%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 21.21%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 61.27%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.37%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 80.77%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.01%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.58%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.07%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 14.56%