The 55431 housing market is very competitive. The median sale price of a home in 55431 was $355K last month, up 0.2% since last year. The median sale price per square foot in 55431 is $201, up 16.2% since last year.
In March 2024, 55431 home prices were up 0.2% compared to last year, selling for a median price of $355K. On average, homes in 55431 sell after 22 days on the market compared to 17 days last year. There were 34 homes sold in March this year, up from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$355,000
+0.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55431, MN
$355,000
+0.2%
United States
To compare other locations to the 55431 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 55431 housing market?
55431 is very competitive. Homes sell in 17 days.
0
100
86
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 17 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Hillcrest Community School
Public • K-5
441
Students
15 reviews
4/10
Oak Grove Elementary School
Public • PreK-5
494
Students
5 reviews
4/10
Westwood Elementary School
Public • K-5
356
Students
4 reviews
3/10
Washburn Elementary School
Public • PreK-5
456
Students
5 reviews
NR
Bloomington Extended School Year
Public • K-12
-
Students
N/A
Only showing 5 of
6 elementary schools.
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 55431 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55431.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55431 has a moderate risk of flooding. 491 properties in 55431 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 55431. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
55431 has a moderate risk of wildfire. There are 1,594 properties in 55431 that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in 55431.