The 55311 housing market is very competitive. Over the three months, homes in 55311 receive 7 offers on average and sell in around 20 days. The median sale price of a home in 55311 was $515K over the last 3 months, down 1.9% since the same period last year. The median sale price per square foot in 55311 is $197, up 1.0% since last year.
Over the three months ending June 2026, 55311 home prices were down 1.9% compared to the same period last year, selling for a median price of $515K. On average, homes in 55311 sell after 20 days on the market compared to 19 days last year. There were 169 homes sold in June this year, down from 197 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$515,134
-1.9% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
55311, MN
$515,134
-1.9%
United States
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How hot is the 55311 housing market?
55311 is very competitive. Homes sell in 21 days.
0
100
84
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 around list price and go pending in around 21 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
55311, MN
100.1%
-0.27 pt
United States
Home offer insights for 55311
Explore recent offers and recently sold homes in 55311
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$450K Offer
Sold for $475K
4bd | 2.5ba | —sqft
Over List Price
5%
Days on Market
2
Competing Offers
12
Down Payment
~20%
James Garry
55311 Redfin Agent
We offered $25k over with appraisal gap coverage. 5-day inspection. There were 13 total offers. Winning offer waived inspection period and was higher. Seller did not want escalation clauses.…
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 55311 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55311.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55311 has a minor risk of flooding. 301 properties in 55311 are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in 55311. Flood risk is increasing slower than the national average.
67% of properties are at risk of wildfire over the next 30 years
Fire Factor
55311 has a moderate risk of wildfire. There are 8,785 properties in 55311 that have some risk of being affected by wildfire over the next 30 years. This represents 67% of all properties in 55311.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55311 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55311 is most at risk from severe storms. 12,942 properties in 55311 have some risk of being in a severe wind event within the next 30 years.