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Brooklyn Park, MN—55445

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$350,000
1.7% YoY Growth
Household Income
$103,000
23.9% YoY Growth
Days on Market
26
9.0% Shorter YoY
Home Price Forecast
-0.1%
Median Rent
$1,800
16.3% YoY Growth
1-Bed Rent
$1,410
5.6% YoY Growth
2-Bed Rent
$1,670
13.5% YoY Growth
3-Bed Rent
$2,500
7.4% YoY Growth

Other Zip Codes in Brooklyn Park, MN

5544455443
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Brooklyn Park, MN

As of Dec '25, the median home price in Brooklyn Park, MN is $350,000, with a year-over-year change of 1.7%. This indicates that home prices in Brooklyn Park, MN are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$350,0001.7%
Single Family $355,0001.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$219,0000.0%
    3 Bed
    		$348,0002.1%
    4 Bed
    		$398,0000.5%
    5 Bed $456,3450.0%
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    % of Housing Stock

    Studio
    2.2%
    1 Bedroom
    5.9%
    2 Bedrooms
    32.3%
    3 Bedrooms
    18.6%
    4 Bedrooms
    36.3%
    5+ Bedrooms
    4.7%

    Rental Trends — Brooklyn Park, MN

    As of July '25, Rentcast reports the average rent in Brooklyn Park, MN is $2,200, with a year-over-year rent change of -16.3%. Per bedroom, the median rent as of July '25 in Brooklyn Park, MN is 1-bedrooms: $1,500, 2-bedrooms: $1,730, 3-bedrooms: $2,500. The most common rental property sizes in Brooklyn Park, MN are 2-bedroom and 1-bedroom, accounting for 51.2% and 22.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,800$2,200
    Studio Rent N/AN/A
    1 Bed Rent $1,410$1,500
    2 Bed Rent $1,670$1,730
    3 Bed Rent $2,500$2,500
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    9.1%
    1 Bedroom
    22.6%
    2 Bedrooms
    51.2%
    3 Bedrooms
    4.7%
    4 Bedrooms
    12.4%

    Property Listings — Brooklyn Park, MN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Brooklyn Park, MN is 35. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$319,00020.0%
    Listing Count
    		3123.0%
    Listings as % of Homes0.5%23.0%
    Days on Market
    		26-9.0%
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    Demographics — Brooklyn Park, MN

    As of the latest ACS Survey released in 2023, Brooklyn Park, MN has a population of 13,500, which has increased by 11.5% over the past 5 years. Brooklyn Park, MN is a popular place for families, as children make up 28.2% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		13,50011.5%
    % Under 18
    		28.2%-1.4%
    % Seniors
    		12.8%-5.9%
    % WFH
    		14.6%256.1%
    % w/ College Degree
    		38.3%5.5%
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    As of the latest ACS Survey released in 2023, Brooklyn Park, MN is a predominantly white area, with 42.0% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Brooklyn Park, MN is asian, making up 22.4% of the population. Foreign-born residents account for 24.9% of the population in Brooklyn Park, MN, and this percentage has increased by 7.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		42.0%-6.9%
    % Black
    		19.7%-12.8%
    % Hispanic
    		7.4%60.9%
    % Asian
    		22.4%-18.2%
    % Foreign Born
    		24.9%7.8%
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    Mortgage and Risk — Brooklyn Park, MN

    According to HUD data as of 2023, there were 252 mortgage originations in Brooklyn Park, MN, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Brooklyn Park, MN. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		252
    % Conventional Loans
    		81.0%
    % Government Loans
    		19.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		11.0%
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    Rentals and Section 8 — Brooklyn Park, MN

    Brooklyn Park, MN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		121
    Total Units Section 8
    		121
    % Rentals under Section 8
    		10.9%
    % Occupied Section 8
    		95.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$660$1,410$2,070
    2 Bedroom$860$1,670$2,530
    3 Bedroom$870$2,500$3,370
    4 BedroomN/AN/A$3,770

    Affordability — Brooklyn Park, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$350,000
    Median Household Income$103,000

    Brooklyn Park, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Brooklyn Park, MN

    55443

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    Frequently Asked Questions