The 55424 housing market is somewhat competitive. The median sale price of a home in 55424 was $800K last month, down 3.6% since last year. The median sale price per square foot in 55424 is $351, up 21.9% since last year.
In March 2024, 55424 home prices were down 3.6% compared to last year, selling for a median price of $800K. On average, homes in 55424 sell after 31 days on the market compared to 30 days last year. There were 21 homes sold in March this year, down from 31 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$800,000
-3.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55424, MN
$800,000
-3.6%
United States
To compare other locations to the 55424 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.
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How hot is the 55424 housing market?
55424 is somewhat competitive. Homes sell in 37.5 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 1% below list price and go pending in around 38 days.
Hot homes
can sell for about 1% above list price and go pending in around 9 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Normandale Elementary School
Public • K-5 • Choice school
644
Students
7 reviews
7/10
Concord Elementary School
Public • K-5
730
Students
11 reviews
NR
Edina Extended School Year
Public • 1-12
-
Students
N/A
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 55424 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55424.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55424 has a moderate risk of flooding. 461 properties in 55424 are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in 55424. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
55424 has a minor risk of wildfire. There are 71 properties in 55424 that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in 55424.