The 55001 housing market is very competitive. The median sale price of a home in 55001 was $815K last month, up 21.0% since last year. The median sale price per square foot in 55001 is $271, up 30.2% since last year.
In October 2024, 55001 home prices were up 21.0% compared to last year, selling for a median price of $815K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$815,000
+21.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
55001, MN
$815,000
+21.0%
United States
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How hot is the 55001 housing market?
55001 is very competitive. Homes sell in 30 days.
0
100
70
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 30 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 55001 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55001.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55001 has a minor risk of flooding. 234 properties in 55001 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 55001. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
55001 has a moderate risk of wildfire. There are 1,573 properties in 55001 that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in 55001.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55001 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55001 is most at risk from severe storms. 1,804 properties in 55001 have some risk of being in a severe wind event within the next 30 years.