55051, MN Housing Market

The 55051 housing market is very competitive. The median sale price of a home in 55051 was $231K last month, down 7.6% since last year. The median sale price per square foot in 55051 is $181, up 71.6% since last year.

Trends
Demand
Schools
Climate

55051 Housing Market Trends

What is the housing market like in 55051 today?

$231K

Sale Price

-7.6%
since last year

$181

Sale $/Sq. Ft.

+71.6%
since last year

Under List Price

Days on Market

35.5

Down Payment

100.0%

Total Homes Sold

To compare other locations to the 55051 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 hot is the 55051 housing market?

55051 is very competitive. Homes sell in 35.5 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 36 days.
Hot homes
can sell for about 1% above list price and go pending in around 14 days.

Compare With Nearby Zip codes

55371

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 13 days.

55008

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 56 days.
Hot homes
can sell for about 1% above list price and go pending in around 32 days.

See more nearby cities and neighborhoods

View houses in 55051 that sold recently

Recently sold homes

SOLD MAR 13, 2025
$175,000 Last Sold Price
2 beds
1 bath
—sq ft
625 Bean Ave, Mora, MN 55051
List Price
$175,000
Sale to List
0% over list
Days on Market
61 days
625 Bean Ave, Mora, MN 55051
SOLD MAR 7, 2025
$30,000 Last Sold Price
—beds
—baths
—sq ft
Parcel C Island View Dr, Mora, MN 55051
List Price
$34,900
Sale to List
14% under list
Days on Market
176 days
Parcel C Island View Dr, Mora, MN 55051
SOLD MAR 7, 2025
$390,000 Last Sold Price
4 beds
2 baths
—sq ft
500 Central Ave E, Mora, MN 55051
List Price
$379,900
Sale to List
3% over list
Days on Market
46 days
500 Central Ave E, Mora, MN 55051
SOLD MAR 7, 2025
$30,000 Last Sold Price
—beds
—baths
—sq ft
Parcel A Island View Dr, Mora, MN 55051
List Price
$34,900
Sale to List
14% under list
Days on Market
176 days
Parcel A Island View Dr, Mora, MN 55051
SOLD MAR 7, 2025
$219,900 Last Sold Price
3 beds
2 baths
—sq ft
2187 250th Ave, Knife Lake Twp, MN 55051
List Price
$219,900
Sale to List
0% over list
Days on Market
140 days
2187 250th Ave, Knife Lake Twp, MN 55051
SOLD FEB 28, 2025
$225,000 Last Sold Price
—beds
—baths
—sq ft
1977 177th Ave, Mora, MN 55051
List Price
$225,000
Sale to List
0% over list
Days on Market
205 days
1977 177th Ave, Mora, MN 55051
SOLD FEB 28, 2025
$65,000
—beds
—baths
—sq ft
2440 Garden St, Mora, MN 55051
List Price
—
Sale to List
—
Days on Market
—
2440 Garden St, Mora, MN 55051
SOLD FEB 28, 2025
$220,000 Last Sold Price
4 beds
2 baths
—sq ft
925 Union St S, Mora, MN 55051
List Price
$250,000
Sale to List
12% under list
Days on Market
81 days
925 Union St S, Mora, MN 55051
See all recently sold homes in 55051.
See listings

Schools in 55051

Learn about schools in the 55051 area

Elementary
Middle
High

GreatSchools Rating

7/10 Trailview Elementary School Public • PreK-6	799 Students	N/A
4/10 Ogilvie Elementary School Public • PreK-5	216 Students	2 reviews
NR Fairview Elementary School Public • PreK-2	398 Students	N/A

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 55051 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 55051.

Wind Factor - Minor

98% of properties are at minimal risk of a severe wind event over the next 30 years

Heat Factor - Minimal

63% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 55051

New Listings in 55051

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