The 55056 housing market is very competitive. The median sale price of a home in 55056 was $370K over the last 3 months, up 2.8% since the same period last year. The median sale price per square foot in 55056 is $212, down 14.9% since last year.
Over the three months ending June 2026, 55056 home prices were up 2.8% compared to the same period last year, selling for a median price of $370K. On average, homes in 55056 sell after 29 days on the market compared to 35 days last year. There were 79 homes sold in June this year, up from 70 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$369,916
+2.8% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
55056, MN
$369,916
+2.8%
United States
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How hot is the 55056 housing market?
55056 is very competitive. Homes sell in 25 days.
0
100
74
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 25 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.
North Branch Independent School District 0138 Se Summer School
Public • PreK-12
-
Students
N/A
NR
North Branch Main St. Elementary School
Public • K
16
Students
N/A
NR
North Branch Area Education Center
Public • PreK-K
239
Students
N/A
NR
Distance Learning Academy Elementary
Public • K-5
6
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 55056 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55056.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55056 has a minor risk of flooding. 142 properties in 55056 are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in 55056. Flood risk is increasing faster than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
55056 has a moderate risk of wildfire. There are 6,446 properties in 55056 that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in 55056.