The 55123 housing market is somewhat competitive. The median sale price of a home in 55123 was $435K last month, up 2.8% since last year. The median sale price per square foot in 55123 is $197, up 4.8% since last year.
In March 2024, 55123 home prices were up 2.8% compared to last year, selling for a median price of $435K. On average, homes in 55123 sell after 46 days on the market compared to 27 days last year. There were 47 homes sold in March this year, up from 31 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$435,000
+2.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55123, MN
$435,000
+2.8%
United States
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How hot is the 55123 housing market?
55123 is somewhat competitive. Homes sell in 21.5 days.
0
100
67
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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 22 days.
Hot homes
can sell for about 2% above list price and go pending in around 10 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 55123 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55123.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55123 has a moderate risk of flooding. 504 properties in 55123 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 55123. Flood risk is increasing faster than the national average.
12% of properties are at risk of wildfire over the next 30 years
Fire Factor
55123 has a moderate risk of wildfire. There are 1,044 properties in 55123 that have some risk of being affected by wildfire over the next 30 years. This represents 12% of all properties in 55123.