The 55045 housing market is somewhat competitive. The median sale price of a home in 55045 was $370K last month, down 5.1% since last year. The median sale price per square foot in 55045 is $183, down 17.6% since last year.
In January 2025, 55045 home prices were down 5.1% compared to last year, selling for a median price of $370K. On average, homes in 55045 sell after 47 days on the market compared to 61 days last year. There were 19 homes sold in January this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$370,000
-5.1% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
55045, MN
$370,000
-5.1%
United States
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How hot is the 55045 housing market?
55045 is somewhat competitive. Homes sell in 47 days.
0
100
61
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 22 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 55045 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55045.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55045 has a minor risk of flooding. 260 properties in 55045 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 55045. Flood risk is increasing slower than the national average.
44% of properties are at risk of wildfire over the next 30 years
Fire Factor
55045 has a moderate risk of wildfire. There are 1,758 properties in 55045 that have some risk of being affected by wildfire over the next 30 years. This represents 44% of all properties in 55045.