The 55401 housing market is somewhat competitive. The median sale price of a home in 55401 was $450K last month, up 15.4% since last year. The median sale price per square foot in 55401 is $358, down 4.4% since last year.
In February 2025, 55401 home prices were up 15.4% compared to last year, selling for a median price of $450K. On average, homes in 55401 sell after 75 days on the market compared to 81 days last year. There were 33 homes sold in February this year, up from 29 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
+15.4% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
55401, MN
$450,000
+15.4%
United States
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How hot is the 55401 housing market?
55401 is somewhat competitive. Homes sell in 68 days.
0
100
47
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 68 days.
Hot homes
can sell for around list price and go pending in around 28 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 55401 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55401.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55401 has a minor risk of flooding. 31 properties in 55401 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 55401. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55401 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55401 is most at risk from severe storms. 562 properties in 55401 have some risk of being in a severe wind event within the next 30 years.