The 55408 housing market is somewhat competitive. The median sale price of a home in 55408 was $278K last month, down 20.7% since last year. The median sale price per square foot in 55408 is $205, up 3.5% since last year.
In October 2024, 55408 home prices were down 20.7% compared to last year, selling for a median price of $278K. On average, homes in 55408 sell after 40 days on the market compared to 32 days last year. There were 73 homes sold in October this year, down from 78 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$277,500
-20.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
55408, MN
$277,500
-20.7%
United States
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How hot is the 55408 housing market?
55408 is somewhat competitive. Homes sell in 36 days.
0
100
60
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 36 days.
Hot homes
can sell for around 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 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. 246 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.