The 55047 housing market is very competitive. The median sale price of a home in 55047 was $620K last month, up 90.8% since last year. The median sale price per square foot in 55047 is $300, up 15.8% since last year.
In February 2025, 55047 home prices were up 90.8% compared to last year, selling for a median price of $620K. On average, homes in 55047 sell after 93 days on the market compared to 24 days last year. There were 2 homes sold in February this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$620,000
+90.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
55047, MN
$620,000
+90.8%
United States
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How hot is the 55047 housing market?
55047 is very competitive. Homes sell in 33.5 days.
0
100
79
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 2% below list price and go pending in around 34 days.
Hot homes
can sell for about 1% above list price and go pending in around 11 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 55047 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55047.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55047 has a minor risk of flooding. 164 properties in 55047 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 55047. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
55047 has a moderate risk of wildfire. There are 2,154 properties in 55047 that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in 55047.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55047 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55047 is most at risk from severe storms. 2,451 properties in 55047 have some risk of being in a severe wind event within the next 30 years.