The 55316 housing market is most competitive. The median sale price of a home in 55316 was $390K over the last 3 months, down 0.67% since the same period last year. The median sale price per square foot in 55316 is $200, up 5.5% since last year.
Over the three months ending June 2026, 55316 home prices were down 0.67% compared to the same period last year, selling for a median price of $390K. On average, homes in 55316 sell after 20 days on the market compared to 17 days last year. There were 99 homes sold in June this year, up from 88 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$389,862
-0.67% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
55316, MN
$389,862
-0.67%
United States
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How hot is the 55316 housing market?
55316 is most competitive. Homes sell in 17 days.
0
100
91
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 17 days.
Hot homes
can sell for about 4% 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 55316 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55316.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55316 has a minor risk of flooding. 763 properties in 55316 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 55316. Flood risk is increasing slower than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
55316 has a moderate risk of wildfire. There are 8,194 properties in 55316 that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in 55316.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55316 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55316 is most at risk from severe storms. 19,496 properties in 55316 have some risk of being in a severe wind event within the next 30 years.