The 55975 housing market is very competitive. The median sale price of a home in 55975 was $250K last month, up 19.0% since last year. The median sale price per square foot in 55975 is $207, up 117.9% since last year.
In March 2024, 55975 home prices were up 19.0% compared to last year, selling for a median price of $250K. On average, homes in 55975 sell after 20 days on the market compared to 17 days last year. There were 3 homes sold in March this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
+19.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55975, MN
$250,000
+19.0%
United States
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How hot is the 55975 housing market?
55975 is very competitive. Homes sell in 21 days.
0
100
78
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 12 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 21 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 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 55975 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55975.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55975 has a moderate risk of flooding. 422 properties in 55975 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 55975. Flood risk is increasing slower than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
55975 has a moderate risk of wildfire. There are 1,581 properties in 55975 that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in 55975.