The 55057 housing market is very competitive. The median sale price of a home in 55057 was $343K last month, up 3.0% since last year. The median sale price per square foot in 55057 is $175, up 7.4% since last year.
In December 2024, 55057 home prices were up 3.0% compared to last year, selling for a median price of $343K. On average, homes in 55057 sell after 31 days on the market compared to 27 days last year. There were 54 homes sold in December this year, up from 46 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$342,950
+3.0% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
55057, MN
$342,950
+3.0%
United States
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How hot is the 55057 housing market?
55057 is very competitive. Homes sell in 35 days.
0
100
76
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% below list price and go pending in around 35 days.
Hot homes
can sell for about 1% above list price and go pending in around 15 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 55057 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55057.
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55057 has a major risk of flooding. 1,105 properties in 55057 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 55057. Flood risk is increasing slower than the national average.
24% of properties are at risk of wildfire over the next 30 years
Fire Factor
55057 has a moderate risk of wildfire. There are 2,237 properties in 55057 that have some risk of being affected by wildfire over the next 30 years. This represents 24% of all properties in 55057.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
55057 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 55057 is most at risk from tornadoes. 8,959 properties in 55057 have some risk of being in a severe wind event within the next 30 years.