The 55345 housing market is very competitive. The median sale price of a home in 55345 was $530K last month, down 2.8% since last year. The median sale price per square foot in 55345 is $225, up 7.6% since last year.
In March 2024, 55345 home prices were down 2.8% compared to last year, selling for a median price of $530K. On average, homes in 55345 sell after 24 days on the market compared to 32 days last year. There were 42 homes sold in March this year, up from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$529,950
-2.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55345, MN
$529,950
-2.8%
United States
To compare other locations to the 55345 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.
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How hot is the 55345 housing market?
55345 is very competitive. Homes sell in 17 days.
0
100
76
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 about 1% above list price and go pending in around 17 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Scenic Heights Elementary School
Public • K-5
875
Students
10 reviews
8/10
Clear Springs Elementary School
Public • K-5
875
Students
17 reviews
8/10
Groveland Elementary School
Public • K-5
863
Students
8 reviews
7/10
Glen Lake Elementary School
Public • PreK-6
482
Students
12 reviews
3/10
Gatewood Elementary School
Public • PreK-6
439
Students
23 reviews
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 55345 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55345.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55345 has a moderate risk of flooding. 663 properties in 55345 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 55345. Flood risk is increasing faster than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
55345 has a moderate risk of wildfire. There are 903 properties in 55345 that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in 55345.