The 55418 housing market is very competitive. Homes in 55418 receive 3 offers on average and sell in around 22 days. The median sale price of a home in 55418 was $355K last month, down 1.4% since last year. The median sale price per square foot in 55418 is $214, up 8.6% since last year.
In October 2024, 55418 home prices were down 1.4% compared to last year, selling for a median price of $355K. On average, homes in 55418 sell after 22 days on the market compared to 12 days last year. There were 116 homes sold in October this year, down from 121 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$355,000
-1.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
55418, MN
$355,000
-1.4%
United States
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How hot is the 55418 housing market?
55418 is very competitive. Homes sell in 22 days.
0
100
85
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% above list price and go pending in around 22 days.
Hot homes
can sell for about 4% above list price and go pending in around 10 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 55418 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55418.
Flood Factor - Severe
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55418 has a severe risk of flooding. 359 properties in 55418 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 55418. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
55418 has a moderate risk of wildfire. There are 3 properties in 55418 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 55418.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55418 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55418 is most at risk from severe storms. 11,089 properties in 55418 have some risk of being in a severe wind event within the next 30 years.