The 55987 housing market is very competitive. The median sale price of a home in 55987 was $225K last month, up 2.3% since last year. The median sale price per square foot in 55987 is $137, down 4.2% since last year.
In April 2025, 55987 home prices were up 2.3% compared to last year, selling for a median price of $225K. On average, homes in 55987 sell after 19 days on the market compared to 12 days last year. There were 71 homes sold in April this year, up from 57 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$225,000
+2.3% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
55987, MN
$225,000
+2.3%
United States
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How hot is the 55987 housing market?
55987 is very competitive. Homes sell in 17 days.
0
100
84
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 around list price and go pending in around 17 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 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 55987 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55987.
Flood Factor - Major
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55987 has a major risk of flooding. 2,160 properties in 55987 are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in 55987. Flood risk is increasing slower than the national average.
55% of properties are at risk of wildfire over the next 30 years
Fire Factor
55987 has a moderate risk of wildfire. There are 7,841 properties in 55987 that have some risk of being affected by wildfire over the next 30 years. This represents 55% of all properties in 55987.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55987 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55987 is most at risk from tornadoes. 14,257 properties in 55987 have some risk of being in a severe wind event within the next 30 years.