The 55074 housing market is very competitive. The median sale price of a home in 55074 was $460K last month, up 53.3% since last year. The median sale price per square foot in 55074 is $226, up 15.3% since last year.
In October 2024, 55074 home prices were up 53.3% compared to last year, selling for a median price of $460K. On average, homes in 55074 sell after 21 days on the market compared to 5 days last year. There were 8 homes sold in October this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$460,000
+53.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
55074, MN
$460,000
+53.3%
United States
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How hot is the 55074 housing market?
55074 is very competitive. Homes sell in 19 days.
0
100
86
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 19 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 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 55074 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55074.
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55074 has a moderate risk of flooding. 148 properties in 55074 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 55074. Flood risk is increasing slower than the national average.
53% of properties are at risk of wildfire over the next 30 years
Fire Factor
55074 has a moderate risk of wildfire. There are 807 properties in 55074 that have some risk of being affected by wildfire over the next 30 years. This represents 53% of all properties in 55074.
100% of properties are at minimal
risk of a severe wind event over the next 30 years
Wind Factor
55074 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55074 is most at risk from severe storms. 1,501 properties in 55074 have some risk of being in a severe wind event within the next 30 years.