The 55374 housing market is somewhat competitive. The median sale price of a home in 55374 was $415K last month, down 8.2% since last year. The median sale price per square foot in 55374 is $199, down 4.5% since last year.
In May 2024, 55374 home prices were down 8.2% compared to last year, selling for a median price of $415K. On average, homes in 55374 sell after 64 days on the market compared to 66 days last year. There were 134 homes sold in May this year, up from 97 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$414,995
-8.2% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
55374, MN
$414,995
-8.2%
United States
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How hot is the 55374 housing market?
55374 is somewhat competitive. Homes sell in 38.5 days.
0
100
57
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 around list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 14 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 55374 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55374.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55374 has a minor risk of flooding. 335 properties in 55374 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 55374. Flood risk is increasing faster than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
55374 has a moderate risk of wildfire. There are 1,063 properties in 55374 that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in 55374.