The 55101 housing market is not very competitive. The median sale price of a home in 55101 was $278K last month, up 20.9% since last year. The median sale price per square foot in 55101 is $221, down 10.5% since last year.
In March 2024, 55101 home prices were up 20.9% compared to last year, selling for a median price of $278K. On average, homes in 55101 sell after 67 days on the market compared to 127 days last year. There were 17 homes sold in March this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$278,000
+20.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55101, MN
$278,000
+20.9%
United States
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How hot is the 55101 housing market?
55101 is not very competitive. Homes sell in 75 days.
0
100
20
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 75 days.
Hot homes
can sell for about 1% below list price and go pending in around 42 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 55101 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55101.
Risk Factor
Flood Factor - Major
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55101 has a major risk of flooding. 49 properties in 55101 are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in 55101. Flood risk is increasing slower than the national average.