The 55947 housing market is very competitive. The median sale price of a home in 55947 was $328K last month, down 9.0% since last year. The median sale price per square foot in 55947 is $166, down 8.8% since last year.
In March 2024, 55947 home prices were down 9.0% compared to last year, selling for a median price of $328K. On average, homes in 55947 sell after 20 days on the market compared to 70 days last year. There were 16 homes sold in March this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$327,500
-9.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55947, MN
$327,500
-9.0%
United States
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How hot is the 55947 housing market?
55947 is very competitive. Homes sell in 20 days.
0
100
72
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 6 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 20 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 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 55947 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55947.
Risk Factor
Flood Factor - Major
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55947 has a major risk of flooding. 928 properties in 55947 are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in 55947. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
55947 has a moderate risk of wildfire. There are 3,757 properties in 55947 that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in 55947.