The 55088 housing market is somewhat competitive. The median sale price of a home in 55088 was $1.1M last month, up 140.0% since last year. The median sale price per square foot in 55088 is $148, down 24.9% since last year.
In January 2025, 55088 home prices were up 140.0% compared to last year, selling for a median price of $1.1M. On average, homes in 55088 sell after 172 days on the market compared to 45 days last year. There were 1 homes sold in January this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,080,000
+140.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
55088, MN
$1,080,000
+140.0%
United States
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How hot is the 55088 housing market?
55088 is somewhat competitive. Homes sell in 33 days.
0
100
53
Somewhat 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
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 33 days.
Hot homes
can sell for about 2% above list price and go pending in around 8 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 55088 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55088.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55088 has a minor risk of flooding. 122 properties in 55088 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 55088. Flood risk is increasing slower than the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
55088 has a moderate risk of wildfire. There are 402 properties in 55088 that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in 55088.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55088 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55088 is most at risk from tornadoes. 1,136 properties in 55088 have some risk of being in a severe wind event within the next 30 years.