The 55020 housing market is somewhat competitive. The median sale price of a home in 55020 was $500K last month, up 1.5% since last year. The median sale price per square foot in 55020 is $206, up 53.7% since last year.
In May 2025, 55020 home prices were up 1.5% compared to last year, selling for a median price of $500K. On average, homes in 55020 sell after 39 days on the market compared to 32 days last year. There were 25 homes sold in May this year, up from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$500,000
+1.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
55020, MN
$500,000
+1.5%
United States
To compare other locations to the 55020 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in 55020
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 55020 housing market?
55020 is somewhat competitive. Homes sell in 39 days.
0
100
60
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 1% below list price and go pending in around 39 days.
Hot homes
can sell for about 1% above list price and go pending in around 27 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 55020 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55020.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55020 has a minor risk of flooding. 121 properties in 55020 are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in 55020. Flood risk is increasing slower than the national average.
16% of properties are at risk of wildfire over the next 30 years
Fire Factor
55020 has a moderate risk of wildfire. There are 319 properties in 55020 that have some risk of being affected by wildfire over the next 30 years. This represents 16% of all properties in 55020.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55020 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55020 is most at risk from tornadoes. 1,915 properties in 55020 have some risk of being in a severe wind event within the next 30 years.