The 55408 housing market is very competitive. The median sale price of a home in 55408 was $375K last month, down 2.3% since last year. The median sale price per square foot in 55408 is $228, up 2.5% since last year.
In June 2025, 55408 home prices were down 2.3% compared to last year, selling for a median price of $375K. On average, homes in 55408 sell after 22 days on the market compared to 21 days last year. There were 83 homes sold in June this year, up from 70 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
-2.3% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
55408, MN
$375,000
-2.3%
United States
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How hot is the 55408 housing market?
55408 is very competitive. Homes sell in 21 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 21 days.
Hot homes
can sell for about 3% above list price and go pending in around 11 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 55408 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55408.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55408 has a minor risk of flooding. 247 properties in 55408 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 55408. 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
55408 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55408 is most at risk from severe storms. 5,143 properties in 55408 have some risk of being in a severe wind event within the next 30 years.