The 55408 housing market is somewhat competitive. The median sale price of a home in 55408 was $380K last month, up 24.7% since last year. The median sale price per square foot in 55408 is $232, up 15.1% since last year.
In April 2024, 55408 home prices were up 24.7% compared to last year, selling for a median price of $380K. On average, homes in 55408 sell after 51 days on the market compared to 67 days last year. There were 66 homes sold in April this year, up from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$379,500
+24.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
55408, MN
$379,500
+24.7%
United States
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How hot is the 55408 housing market?
55408 is somewhat competitive. Homes sell in 50 days.
0
100
58
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 about 1% below list price and go pending in around 50 days.
Hot homes
can sell for about 1% above list price and go pending in around 13 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 55408 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55408.
Risk Factor
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55408 has a minor risk of flooding. 252 properties in 55408 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 55408. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
55408 has a minor risk of wildfire. There are 7 properties in 55408 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 55408.