Is 55052, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 55052 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 55052 has remained a Seller's Market.

Key Takeaway

55052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 55052, MN cost?

Median Sold Price

$240,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$37,500(+18.5%)

Key Takeaway

Homes in 55052 have sold for 18.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $137.5K-
N/A
2 $170K$333.9K
+96.4%
3 $310K$230.5K
-25.6%
4 $183.4K$222K
+21.0%
5+ $191.5K-
N/A

Median Sold Price Compared To Nearby Zip Codes

55052
+18.5%
55021
+9.3%

How many homes are available in 55052, MN?

Number of Homes For Sale

Nov 2021Dec 2021%
89+12.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 23
+50.0%
3 55
0.0%
4 00
0.0%
5+ 11
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 55052, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
10 Days18 Days+68.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 55052 are selling fast, if you're buying plan to act quickly.

About 55052, MN

55052, MN has 9 homes on the market. The number of listings in 55052, MN increased by 12.5% between November 2021 and December 2021. While the average time on the market in December 2021 was 18 days, the median list price was $240,000. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 96.4%, 3 bedrooms properties prices decreased by 25.6%, prices of 4 bedrooms properties went up by 21%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 50%, 3 bedrooms homes inventory did not change, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes stayed the same. 55052, MN housing market in December 2021 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.