The housing market in 55421 Columbia Heights, MN is an attractive option for potential home buyers. The median value of a house in the area is $280,100, considerably lower than the national median of $338,100. Despite this lower price point, the 1-year appreciation rate for houses in Columbia Heights remains at a healthy 4.79%, which is well below the national average of 8.27%. With its affordable prices and strong appreciation rate, Columbia Heights presents an opportunity to buyers looking to settle in a stable and valuable community.
The median home cost in Columbia Heights (zip 55421) is $280,100. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Columbia Heights (zip 55421) is up 7.1%.
Average Age of Homes
- The median age of Columbia Heights (zip 55421) real estate is 53 years old
The Rental Market in Columbia Heights (zip 55421)
- Renters make up 36.8% of the Columbia Heights (zip 55421) population
- 1.2% of houses and apartments in Columbia Heights (zip 55421), 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.