The 55431 housing market is most competitive. The median sale price of a home in 55431 was $358K last month, down 6.2% since last year. The median sale price per square foot in 55431 is $187, up 5.9% since last year.
In April 2024, 55431 home prices were down 6.2% compared to last year, selling for a median price of $358K. On average, homes in 55431 sell after 18 days on the market compared to 12 days last year. There were 44 homes sold in April this year, up from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$358,250
-6.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
55431, MN
$358,250
-6.2%
United States
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How hot is the 55431 housing market?
55431 is most competitive. Homes sell in 13 days.
0
100
90
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 13 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 55431 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55431.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55431 has a moderate risk of flooding. 491 properties in 55431 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 55431. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
55431 has a moderate risk of wildfire. There are 1,594 properties in 55431 that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in 55431.