Brooklyn Park, MN—55444
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brooklyn Park, MN
As of Oct '25, the median home price in Brooklyn Park, MN is $330,000, 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 -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $330,000 | 1.7% |
| Single Family | $334,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $288,000 | 2.1% |
3 Bed | $335,000 | 1.2% |
4 Bed | $356,000 | 0.3% |
| 5 Bed | $380,000 | -0.3% |
% of Housing Stock
Rental Trends — Brooklyn Park, MN
As of July '25, Rentcast reports the average rent in Brooklyn Park, MN is $2,400, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Brooklyn Park, MN is 1-bedrooms: $1,060, 3-bedrooms: $2,300, 4-bedrooms: $2,540. The most common rental property sizes in Brooklyn Park, MN are 4-bedroom and 1-bedroom, accounting for 33.3% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,060 | $1,060 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | $2,580 | $2,540 |
% of Rental Stock
Property Listings — Brooklyn Park, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Brooklyn Park, MN is 28. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $328,000 | -1.0% |
Listing Count | 41 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 28 | -4.0% |
Demographics — Brooklyn Park, MN
As of the latest ACS Survey released in 2023, Brooklyn Park, MN has a population of 17,400, which has increased by 5.5% over the past 5 years. Brooklyn Park, MN is a popular place for families, as children make up 28.6% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,400 | 5.5% |
% Under 18 | 28.6% | 10.9% |
% Seniors | 13.7% | 63.1% |
% WFH | 10.7% | 224.2% |
% w/ College Degree | 31.6% | 10.1% |
As of the latest ACS Survey released in 2023, Brooklyn Park, MN is a predominantly white area, with 35.0% of the population identifying as white. The white population has shrunk by 16.7% in the last 5 years. The second most common race or ethnicity in Brooklyn Park, MN is asian, making up 27.4% of the population. Foreign-born residents account for 23.8% of the population in Brooklyn Park, MN, and this percentage has decreased by 9.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 35.0% | -16.7% |
% Black | 24.8% | 1.6% |
% Hispanic | 4.3% | -46.2% |
% Asian | 27.4% | 29.2% |
% Foreign Born | 23.8% | -9.8% |
Mortgage and Risk — Brooklyn Park, MN
According to HUD data as of 2023, there were 201 mortgage originations in Brooklyn Park, MN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Brooklyn Park, MN. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 201 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
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 | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,060 | $1,270 |
| 2 Bedroom | N/A | N/A | $1,550 |
| 3 Bedroom | -$240 | $2,300 | $2,060 |
| 4 Bedroom | -$270 | $2,580 | $2,310 |
Affordability — Brooklyn Park, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $330,000 |
| Median Household Income | $115,000 |