The 55408 housing market is somewhat competitive. The median sale price of a home in 55408 was $250K over the last 3 months, down 27.6% since the same period last year. The median sale price per square foot in 55408 is $209, up 6.1% since last year.
Over the three months ending September 2026, 55408 home prices were down 27.6% compared to the same period last year, selling for a median price of $250K. On average, homes in 55408 sell after 42 days on the market compared to 62 days last year. There were 70 homes sold in September this year, up from 69 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$249,927
-27.6% YoY | Sep 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2026
Growth
% YoY
55408, MN
$249,927
-27.6%
United States
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How hot is the 55408 housing market?
55408 is somewhat competitive. Homes sell in 43.5 days.
0
100
62
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 2% below list price and go pending in around 44 days.
Hot homes
can sell for around list price and go pending in around 20 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 - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55408 has a moderate risk of flooding. 254 properties in 55408 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 55408. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
55408 has a moderate risk of wildfire. There are 3 properties in 55408 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 55408.
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.