55925, Dakota, MN

The 55925 zip code of Dakota, MN is located in the southeastern portion of the state and includes a population of about 9,000. The median household income in this zip code is $60,000 and the median home value is $160,000. The percentage of homes that are owner-occupied is approximately 80%, while the percentage of homes that are rented is approximately 20%.

Home equity has been on a steady rise over the past several years in this zip code. In 2006, the median home value was only $130,000. However, since then it has increased by almost 50% to reach its current value. This increase can be largely attributed to an increase in home prices throughout Minnesota as well as nationwide. In addition, there has been an increase in home equity loans available to homeowners which has helped to fuel this trend.

Although home values have increased significantly over the past few years, they are still relatively low when compared to other areas of the country. This may be due to a number of factors including limited supply and high demand for housing units within this zip code as well as nationwide. It will likely take some time for values to reach their peak levels and then begin to decline again like they have done in previous years.