The 55055 housing market is very competitive. The median sale price of a home in 55055 was $411K last month, up 57.0% since last year. The median sale price per square foot in 55055 is $170, down 9.31% since last year.
In March 2024, 55055 home prices were up 57.0% compared to last year, selling for a median price of $411K. On average, homes in 55055 sell after 45 days on the market compared to 76 days last year. There were 6 homes sold in March this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$411,000
+57.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55055, MN
$411,000
+57.0%
United States
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How hot is the 55055 housing market?
55055 is very competitive. Homes sell in 20 days.
0
100
87
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% above list price and go pending in around 20 days.
Hot homes
can sell for about 5% above list price and go pending in around 10 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 55055 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55055.
Risk Factor
Flood Factor - Moderate
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55055 has a moderate risk of flooding. 228 properties in 55055 are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in 55055. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
55055 has a moderate risk of wildfire. There are 509 properties in 55055 that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in 55055.