55109, Saint Paul, MN

The Saint Paul, Minnesota zip code 55109 has a median home value of $146,500 and a median home equity of $101,000. These values are relatively high when compared to other zip codes in the Twin Cities metro area. The average home value in the Minneapolis-St. Paul-Bloomington metro area is $127,200 and the average home equity is $86,700.

One reason that the Saint Paul zip code has higher home values than other areas in the Twin Cities metro area is likely due to its high concentration of affluent households. In fact, nearly half (47%) of all households in the Saint Paul zip code have incomes above $100,000 per year. This high level of affluence likely contributes to the high median home value and median home equity values in this zip code.

Another factor that may contribute to the high home values in this zip code are the limited number of homes available for sale. There are only 191 homes for sale in this zip code as of February 2018, which is significantly fewer than the 611 homes for sale available in Minneapolis-St. Paul-Bloomington and 1,814 homes for sale available in all of Minnesota as a whole. This limited availability may lead to increased prices for properties located within this ZIP Code.