The 55398 housing market is very competitive. The median sale price of a home in 55398 was $340K last month, down 7.7% since last year. The median sale price per square foot in 55398 is $184, up 17.9% since last year.
In October 2024, 55398 home prices were down 7.7% compared to last year, selling for a median price of $340K. On average, homes in 55398 sell after 32 days on the market compared to 18 days last year. There were 49 homes sold in October this year, down from 54 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$340,000
-7.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
55398, MN
$340,000
-7.7%
United States
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How hot is the 55398 housing market?
55398 is very competitive. Homes sell in 37 days.
0
100
74
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% below list price and go pending in around 37 days.
Hot homes
can sell for about 1% above list price and go pending in around 19 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 55398 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55398.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55398 has a minor risk of flooding. 507 properties in 55398 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 55398. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
55398 has a moderate risk of wildfire. There are 8,404 properties in 55398 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 55398.
92% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55398 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55398 is most at risk from severe storms. 7,834 properties in 55398 have some risk of being in a severe wind event within the next 30 years.