The 55011 housing market is somewhat competitive. The median sale price of a home in 55011 was $460K last month, up 7.0% since last year. The median sale price per square foot in 55011 is $220, down 3.1% since last year.
In May 2024, 55011 home prices were up 7.0% compared to last year, selling for a median price of $460K. On average, homes in 55011 sell after 23 days on the market compared to 28 days last year. There were 24 homes sold in May this year, up from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$459,950
+7.0% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
55011, MN
$459,950
+7.0%
United States
To compare other locations to the 55011 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 55011 housing market?
55011 is somewhat competitive. Homes sell in 23 days.
0
100
65
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 23 days.
Hot homes
can sell for about 3% above list price and go pending in around 13 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 55011 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55011.
Risk Factor
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55011 has a minor risk of flooding. 251 properties in 55011 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 55011. Flood risk is increasing faster than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
55011 has a moderate risk of wildfire. There are 4,475 properties in 55011 that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in 55011.