The 55701 housing market is somewhat competitive. The median sale price of a home in 55701 was $353K over the last 3 months, down 5.1% since the same period last year. The median sale price per square foot in 55701 is $267, up 40.2% since last year.
Over the three months ending June 2026, 55701 home prices were down 5.1% compared to the same period last year, selling for a median price of $353K. On average, homes in 55701 sell after 9 days on the market compared to 44 days last year. There were 24 homes sold in June this year, down from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$352,920
-5.1% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
55701, MN
$352,920
-5.1%
United States
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How hot is the 55701 housing market?
55701 is somewhat competitive. Homes sell in 20 days.
0
100
47
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 around list price and go pending in around 20 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 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 55701 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55701.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55701 has a minor risk of flooding. 394 properties in 55701 are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in 55701. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
55701 has a moderate risk of wildfire. There are 118 properties in 55701 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 55701.