The 55341 housing market is somewhat competitive. The median sale price of a home in 55341 was $437K last month, up 5.0% since last year. The median sale price per square foot in 55341 is $216, up 22.0% since last year.
In May 2024, 55341 home prices were up 5.0% compared to last year, selling for a median price of $437K. On average, homes in 55341 sell after 68 days on the market compared to 179 days last year. There were 10 homes sold in May this year, down from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$437,325
+5.0% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
55341, MN
$437,325
+5.0%
United States
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How hot is the 55341 housing market?
55341 is somewhat competitive. Homes sell in 67.5 days.
0
100
49
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 around list price and go pending in around 68 days.
Hot homes
can sell for about 1% above list price and go pending in around 16 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 55341 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55341.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55341 has a major risk of flooding. 145 properties in 55341 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 55341. Flood risk is increasing slower than the national average.
62% of properties are at risk of wildfire over the next 30 years
Fire Factor
55341 has a moderate risk of wildfire. There are 920 properties in 55341 that have some risk of being affected by wildfire over the next 30 years. This represents 62% of all properties in 55341.