Housing Prices in 55031, MN

How much do homes in 55031, MN cost?

Median List Price

$374,900

$172/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$29,900(+8.7%)

Key Takeaway

The list price of homes in 55031 has increased by 8.7% since last year.

Summary: The median home list price in 55031 was $374,900 in April 2024, up 8.7% from the previous year, and the median price per square foot was $172.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $284.9K$299.9K
+5.3%
3 $349.9K$365K
+4.3%
4 $375K$374.9K
0%
5+ $333K$400K
+20.1%

Summary: 55031 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 20.1%.

Median List Price Compared To Nearby Zip Codes

55024
+13.0%
55033
+10.1%
55031
+8.7%
55009
+4.3%

Housing Supply in 55031, MN

How many homes are available in 55031, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The 55031 real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 55031 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 55031, MN

How long does it take to sell a home in 55031, MN?

Average Listing Age

Apr 2023Apr 2024CHANGE
66 Days31 Days-52.4%

Summary: Homes in 55031 had an average listing age of 31 days in Apr 2024, down by 52.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 55031, MN

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