The 55057 housing market is very competitive. The median sale price of a home in 55057 was $320K last month, down 5.9% since last year. The median sale price per square foot in 55057 is $177, up 11.7% since last year.
In March 2024, 55057 home prices were down 5.9% compared to last year, selling for a median price of $320K. On average, homes in 55057 sell after 34 days on the market compared to 14 days last year. There were 43 homes sold in March this year, up from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$320,000
-5.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55057, MN
$320,000
-5.9%
United States
To compare other locations to the 55057 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 much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 55057 housing market?
55057 is very competitive. Homes sell in 36 days.
0
100
70
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 about 1% 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 11 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Sibley Elementary School
Public • K-5
576
Students
5 reviews
7/10
Bridgewater Elementary School
Public • K-5
598
Students
2 reviews
6/10
Randolph Elementary School
Public • PreK-6
393
Students
4 reviews
5/10
Greenvale Park Elementary School
Public • K-5
433
Students
4 reviews
NR
Northfield Extended School Year
Public • PreK-12
-
Students
1 reviews
Only showing 5 of
7 elementary schools.
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 55057 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55057.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55057 has a moderate risk of flooding. 1,080 properties in 55057 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 55057. Flood risk is increasing slower than the national average.
23% of properties are at risk of wildfire over the next 30 years
Fire Factor
55057 has a moderate risk of wildfire. There are 2,040 properties in 55057 that have some risk of being affected by wildfire over the next 30 years. This represents 23% of all properties in 55057.