The 55347 housing market is very competitive. The median sale price of a home in 55347 was $515K last month, down 6.4% since last year. The median sale price per square foot in 55347 is $204, up 7.4% since last year.
In March 2024, 55347 home prices were down 6.4% compared to last year, selling for a median price of $515K. On average, homes in 55347 sell after 39 days on the market compared to 47 days last year. There were 77 homes sold in March this year, up from 73 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$515,000
-6.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55347, MN
$515,000
-6.4%
United States
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How hot is the 55347 housing market?
55347 is very competitive. Homes sell in 30 days.
0
100
72
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 30 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 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
Oak Point Elementary School
Public • K-6
740
Students
4 reviews
8/10
Eden Lake Elementary School
Public • K-6
771
Students
13 reviews
8/10
Eagle Heights Spanish Immersion
Public • K-6
830
Students
4 reviews
6/10
Cedar Ridge Elementary School
Public • K-6
649
Students
5 reviews
NR
272 Central Middle School Alternative
Public • 4-9 • Choice school
-
Students
N/A
Only showing 5 of
7 elementary schools.
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 55347 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55347.
Risk Factor
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55347 has a minor risk of flooding. 547 properties in 55347 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 55347. Flood risk is increasing faster than the national average.
22% of properties are at risk of wildfire over the next 30 years
Fire Factor
55347 has a moderate risk of wildfire. There are 2,573 properties in 55347 that have some risk of being affected by wildfire over the next 30 years. This represents 22% of all properties in 55347.