The 55904 housing market is somewhat competitive. The median sale price of a home in 55904 was $262K last month, up 12.5% since last year. The median sale price per square foot in 55904 is $174, up 0.3% since last year.
In March 2024, 55904 home prices were up 12.5% compared to last year, selling for a median price of $262K. On average, homes in 55904 sell after 28 days on the market compared to 27 days last year. There were 74 homes sold in March this year, up from 53 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$261,500
+12.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55904, MN
$261,500
+12.5%
United States
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How hot is the 55904 housing market?
55904 is somewhat competitive. Homes sell in 27 days.
0
100
51
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 27 days.
Hot homes
can sell for about 3% 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
7/10
Montessori At Franklin
Public • K-5 • Choice school
193
Students
1 reviews
7/10
Folwell Elementary School
Public • PreK-5
342
Students
5 reviews
6/10
Lincoln K-8 Choice Elementary School
Public • K-8
465
Students
7 reviews
6/10
Jefferson Elementary School
Public • PreK-5
630
Students
N/A
6/10
Longfellow Choice Elementary School
Public • PreK-5
328
Students
4 reviews
Only showing 5 of
12 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 55904 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55904.
Risk Factor
Flood Factor - Major
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55904 has a major risk of flooding. 920 properties in 55904 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 55904. Flood risk is increasing faster than the national average.
57% of properties are at risk of wildfire over the next 30 years
Fire Factor
55904 has a moderate risk of wildfire. There are 6,795 properties in 55904 that have some risk of being affected by wildfire over the next 30 years. This represents 57% of all properties in 55904.