The University housing market is somewhat competitive. The median sale price of a home in University was $300K last month, down 15.3% since last year. The median sale price per square foot in University is $231, up 13.5% since last year.
What is the housing market like in University today?
In October 2024, University home prices were down 15.3% compared to last year, selling for a median price of $300K. On average, homes in University sell after 47 days on the market compared to 22 days last year. There were 51 homes sold in October this year, down from 56 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,000
-15.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
University, MN
$300,000
-15.3%
United States
To compare other locations to the University and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minneapolis add value to a home.
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How hot is the University housing market?
University is somewhat competitive. Homes sell in 53.5 days.
0
100
51
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 2% below list price and go pending in around 54 days.
Hot homes
can sell for around 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 University housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University.
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University has a major risk of flooding. 306 properties in University are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in University. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
University has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. University is most at risk from severe storms. 4,611 properties in University have some risk of being in a severe wind event within the next 30 years.