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Minneapolis, St. Paul, Bloomington Metro Area Housing

 

As of 2010-2014, median price of a house in Minneapolis, St. Paul, Bloomington Area is $212,600, which is higher than the national average of $175,700. The median year that a house in Minneapolis, St. Paul, Bloomington Area was built is 1977, which is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 932,026 Owner Occupied Houses in Minneapolis, St. Paul, Bloomington Area, #96
Minneapolis, St. Paul, Bloomington Area
212,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Minneapolis, St. Paul, Bloomington Area
-11.56%
U.S.
46.91%

*The Minneapolis, St. Paul, Bloomington Area median house price growth rate is since 2005-2009. The and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Minneapolis, St. Paul, Bloomington Area%U.S.
Total Housing Units1,400,446, see rank100%132,741,033
Occupied Housing Units1,323,35594.50%, see rank87.55%
Owner Occupied932,02666.55%, see rank56.34%
Renter Occupied391,32927.94%, see rank31.21%
Vacant Housing Units77,0915.50%, see rank12.45%
For Rent16,7751.20%, see rank2.34%
For Sale Only12,1750.87%, see rank1.20%
Rented or Sold, Not Occupied10,6790.76%, see rank0.92%
For Seasonal, Recreational, or Occasional Use14,2801.02%, see rank3.97%
For Migrant Workers820.01%, see rank0.03%
Other Vacant23,1001.65%, see rank4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #376
Minneapolis, St. Paul, Bloomington AreaU.S.
19771976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Minneapolis, St. Paul, Bloomington Area%U.S.
Owner-Occupied Units932,026100%74,787,460
With a Mortgage695,79874.65%, see rank65.58%
Without a Mortgage236,22825.35%, see rank34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Minneapolis, St. Paul, Bloomington Area
1,680 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMinneapolis, St. Paul, Bloomington Area%U.S.
$299 or Less8950.13%, see rank0.20%
$300 to $4995,5030.79%, see rank1.59%
$500 to $69915,6762.25%, see rank5.01%
$700 to $99955,9098.04%, see rank14.32%
$1,000 to $1,499191,81427.57%, see rank27.90%
$1,500 to $1,999197,88228.44%, see rank20.35%
$2,000 to $2,999165,66123.81%, see rank19.52%
$3,000 or More62,4588.98%, see rank11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Minneapolis, St. Paul, Bloomington Area
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Minneapolis, St. Paul, Bloomington Area%U.S.
10% or Less41,7226.00%, see rank5.86%
10% to 20%239,88034.48%, see rank31.95%
20% to 30%213,37530.67%, see rank27.64%
30% to 40%89,42612.85%, see rank13.74%
40% or More109,44615.73%, see rank20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Minneapolis, St. Paul, Bloomington Area
532 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMinneapolis, St. Paul, Bloomington Area%U.S.
$199 or Less5,6722.40%, see rank7.76%
$200 to $29913,8125.85%, see rank14.70%
$300 to $49984,20535.65%, see rank34.63%
$500 to $69977,73832.91%, see rank21.16%
$700 or More54,80123.20%, see rank21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Minneapolis, St. Paul, Bloomington Area
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Minneapolis, St. Paul, Bloomington Area%U.S.
10% or Less102,93343.57%, see rank40.19%
10% to 20%73,15930.97%, see rank31.47%
20% to 30%27,73611.74%, see rank12.24%
30% to 40%11,6784.94%, see rank5.64%
40% or More18,7897.95%, see rank9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Minneapolis, St. Paul, Bloomington Area%U.S.
Total Housing Units1,400,446100%132,741,033
1-unit, Detached856,99961.19%, see rank61.65%
1-unit, Attached150,73510.76%, see rank5.82%
2 Units36,2102.59%, see rank3.75%
3 or 4 Units29,3112.09%, see rank4.43%
5 to 9 Units32,9292.35%, see rank4.78%
10 or More Units270,30619.30%, see rank13.08%
Mobile Home, Boat, RV, Van, etc.23,9561.71%, see rank6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Minneapolis, St. Paul, Bloomington Area%U.S.
Total Housing Units1,400,446100%132,741,033
1 Room20,1241.44%, see rank1.95%
2 Rooms39,1322.79%, see rank2.48%
3 Rooms134,5249.61%, see rank9.13%
4 Rooms191,70813.69%, see rank16.60%
5 Rooms201,61114.40%, see rank20.41%
6 Rooms199,81114.27%, see rank18.06%
7 Rooms180,21712.87%, see rank12.27%
8 Rooms160,62311.47%, see rank8.48%
9 Rooms or More272,69619.47%, see rank10.60%
Median Rooms6.10, see rank-5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Minneapolis, St. Paul, Bloomington Area%U.S.
Total Housing Units1,400,446100%132,741,033
No Bedroom23,9711.71%, see rank2.17%
1 Bedroom178,46612.74%, see rank11.16%
2 Bedrooms364,73826.04%, see rank26.69%
3 Bedrooms455,98632.56%, see rank39.70%
4 Bedrooms289,62020.68%, see rank16.05%
5 or More Bedrooms87,6656.26%, see rank4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Minneapolis, St. Paul, Bloomington Area%U.S.
Total Housing Units1,323,355100%116,211,092
Utility Gas1,042,27278.76%, see rank48.85%
Bottled, Tank, or LP Gas54,6644.13%, see rank4.86%
Electricity182,86613.82%, see rank36.68%
Fuel Oil, Kerosene, etc.10,7580.81%, see rank5.86%
Coal or Coke2520.02%, see rank0.12%
Wood12,0220.91%, see rank2.12%
Solar Energy1270.01%, see rank0.05%
Other Fuel11,7660.89%, see rank0.47%
No Fuel Used8,6280.65%, see rank1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMinneapolis, St. Paul, Bloomington Area%U.S.
Occupied Units Paying Rent379,345100%39,201,928
$199 or Less7,3161.93%, see rank1.50%
$200 to $29914,2843.77%, see rank3.18%
$300 to $49920,1735.32%, see rank7.37%
$500 to $69946,40712.23%, see rank16.01%
$700 to $999135,28335.66%, see rank29.17%
$1,000 to $1,499109,17728.78%, see rank26.88%
$1,500 to $1,99934,1539.00%, see rank9.79%
$2,000 or More12,5523.31%, see rank6.10%
Median$916, see rank-$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Minneapolis, St. Paul, Bloomington Area%U.S.
Occupied Housing Units1,323,355100%116,211,092
No Vehicles Available100,2887.58%, see rank9.12%
1 Vehicles Available408,51630.87%, see rank33.80%
2 Vehicles Available545,42541.22%, see rank37.48%
3 or More Vehicles Available269,12620.34%, see rank19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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