The 55014 housing market is very competitive. The median sale price of a home in 55014 was $340K last month, down 2.8% since last year. The median sale price per square foot in 55014 is $201, up 3.6% since last year.
In March 2024, 55014 home prices were down 2.8% compared to last year, selling for a median price of $340K. On average, homes in 55014 sell after 25 days on the market compared to 38 days last year. There were 60 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)
$340,000
-2.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55014, MN
$340,000
-2.8%
United States
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How hot is the 55014 housing market?
55014 is very competitive. Homes sell in 15.5 days.
0
100
85
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 about 1% above list price and go pending in around 16 days.
Hot homes
can sell for about 3% above list price and go pending in around 9 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 55014 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55014.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55014 has a minor risk of flooding. 250 properties in 55014 are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in 55014. Flood risk is increasing faster than the national average.
46% of properties are at risk of wildfire over the next 30 years
Fire Factor
55014 has a moderate risk of wildfire. There are 4,842 properties in 55014 that have some risk of being affected by wildfire over the next 30 years. This represents 46% of all properties in 55014.