US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 55985
  5. Housing & Real Estate
West Concord city, MN

ZIP 55985 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55985

Median Home Value
$223,400
Median Rent
$722
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,435/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 55985 in West Concord city, MN, a household would need roughly $61,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,435. That sits below the local median household income ($84,853), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.3%+32% vs US avg
x
Vacancy Rate
12.3%+19% vs US avg
x
Broadband Access
88.4%+2% vs US avg
x
4+ Bedrooms
6.9%-53% vs US avg
x
Built Pre-1939
3.0%-76% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.0%-74% vs US avg
x
Mortgage-Free
36.2%-5% vs US avg
x
$223,400
Home Value
$722
Rent
1960
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.4%
  • 1-unit attached1.8%
  • 2-9 units2.2%
  • 10+ units5.0%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$223,400
Median rent$722
Owner-occupied86.3%
Vacant12.3%
Price-to-income2.6x
Est. income to buy$61,000