The 55407 housing market is somewhat competitive. The median sale price of a home in 55407 was $300K last month, down 3.3% since last year. The median sale price per square foot in 55407 is $204, up 7.7% since last year.
In March 2024, 55407 home prices were down 3.3% compared to last year, selling for a median price of $300K. On average, homes in 55407 sell after 22 days on the market compared to 35 days last year. There were 57 homes sold in March this year, down from 79 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$299,900
-3.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
55407, MN
$299,900
-3.3%
United States
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How hot is the 55407 housing market?
55407 is somewhat competitive. Homes sell in 17 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% above list price and go pending in around 17 days.
Hot homes
can sell for about 6% above list price and go pending in around 8 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Bancroft Elementary School
Public • PreK-5
505
Students
3 reviews
NR
Andersen Community
Public • PreK-8
890
Students
3 reviews
NR
Folwell Arts Magnet
Public • PreK-8
814
Students
1 reviews
NR
Mps Metro Sj
Public • K-12 • Choice school
23
Students
N/A
NR
Adult Education South Campus
Public • N/A
-
Students
1 reviews
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 55407 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 55407.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
55407 has a moderate risk of flooding. 276 properties in 55407 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 55407. Flood risk is increasing faster than the national average.