55007, Brook Park, MN

The home equity and home prices in the 55007 zip code of Brook Park, MN are very high. The median home value in this zip code is $269,000, which is more than triple the national median home value of $100,000. Additionally, the percentage of homes in this zip code that are valued at over $300,000 is significantly higher than the national percentage of homes valued at over $300,000. This indicates that there are a lot of high-value homes in this zip code.

One reason for the high home values in this zip code is likely the abundance of expensive homes available. There are a lot of luxury homes available in Brook Park, which may be contributing to the high home values. Additionally, there are a lot of affluent residents living in this zip code, which may also be contributing to the high home values. It's also possible that some homeowners have been able to increase their home values by investing in property or by using leverage (i.e., borrowing money to buy a house). Whatever the reason for the high home values in this zip code, they're likely indicative of strong demand and strong market conditions.