Zip 55376 (St. Michael, MN) Housing

Housing in 55376 St. Michael, MN is relatively expensive when compared to the US median value of $338,100. The median house value in 55376 St. Michael, MN is $388,200 which is about 16% higher than the national average. Despite this cost, the area has seen strong appreciation over the past year with a 6.82% house appreciation rate; slightly lower than the US 1 year appreciation rate of 8.27%. This shows that housing in 55376 St. Michael, MN is still considered a good investment despite its high cost of living.

The median home cost in St. Michael (zip 55376) is $388,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in St. Michael (zip 55376) is up 11.0%.

Average Age of Homes

- The median age of St. Michael (zip 55376) real estate is 20 years old

The Rental Market in St. Michael (zip 55376)

- Renters make up 9.0% of the St. Michael (zip 55376) population
- 0.0% of houses and apartments in St. Michael (zip 55376), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	St. Michael, Minnesota	United States
	6,169.0	139,647,020.0
	23	42
	$388,200	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$12.03	$10.98
	$3,583	$2,690
	90.1%	57.4%
	1.5%	11.2%
	8.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	4.3%	11.3%
	10.7%	13.0%
	35.6%	20.1%
	28.3%	13.6%
	10.0%	8.3%
	8.5%	9.7%
	1.5%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	39.9%	13.6%
	39.9%	13.6%
	21.6%	13.6%
	17.6%	13.2%
	6.2%	14.8%
	21.6%	13.6%
	2.4%	10.0%
	1.8%	4.7%
	3.0%	12.2%

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