The 55320 housing market is somewhat competitive. The median sale price of a home in 55320 was $349K last month, up 12.2% since last year. The median sale price per square foot in 55320 is $172, down 19.2% since last year.
In May 2024, 55320 home prices were up 12.2% compared to last year, selling for a median price of $349K. On average, homes in 55320 sell after 42 days on the market compared to 8 days last year. There were 13 homes sold in May this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$349,000
+12.2% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
55320, MN
$349,000
+12.2%
United States
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How hot is the 55320 housing market?
55320 is somewhat competitive. Homes sell in 46 days.
0
100
55
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 19 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 55320 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55320.
Risk Factor
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55320 has a major risk of flooding. 450 properties in 55320 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 55320. Flood risk is increasing slower than the national average.
70% of properties are at risk of wildfire over the next 30 years
Fire Factor
55320 has a moderate risk of wildfire. There are 2,259 properties in 55320 that have some risk of being affected by wildfire over the next 30 years. This represents 70% of all properties in 55320.