The 55438 housing market is very competitive. The median sale price of a home in 55438 was $377K last month, down 5.0% since last year. The median sale price per square foot in 55438 is $202, down 5.6% since last year.
In March 2024, 55438 home prices were down 5.0% compared to last year, selling for a median price of $377K. On average, homes in 55438 sell after 45 days on the market compared to 27 days last year. There were 34 homes sold in March this year, up from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$377,000
-5.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55438, MN
$377,000
-5.0%
United States
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How hot is the 55438 housing market?
55438 is very competitive. Homes sell in 28 days.
0
100
75
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% below list price and go pending in around 28 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 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 55438 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55438.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55438 has a moderate risk of flooding. 330 properties in 55438 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 55438. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
55438 has a moderate risk of wildfire. There are 1,708 properties in 55438 that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in 55438.