Is 55122, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 55122 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 55122 has remained a Seller's Market.

Key Takeaway

55122 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 55122, MN cost?

Median Sold Price

$337,666

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$16,316(+5.1%)

Key Takeaway

Homes in 55122 have sold for 5.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $170K$175K
+2.9%
2 $230K$245K
+6.5%
3 $325.5K$350.5K
+7.7%
4 $390.5K$426K
+9.1%
5+ $535K$600.8K
+12.3%

Median Sold Price Compared To Nearby Zip Codes

55123
+9.6%
55337
+5.3%
55425
+5.2%
55122
+5.1%
55121
+1.8%

How many homes are available in 55122, MN?

Number of Homes For Sale

Jan 2023Feb 2023%
4554+20.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 34
+33.3%
2 1213
+8.3%
3 1619
+18.8%
4 1216
+33.3%
5+ 22
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
1020+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 55122, you could pay more than the asking price. 55% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
29 Days42 Days+46.6%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 55122 are selling fast, if you're buying plan to act quickly.

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

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1927 Jan Echo Trl Unit 79, Eagan, MN 55122

$249,900

2

1 Full, 1 Partial

1,204 SqFt

1927 Jan Echo Trl Unit 79, Eagan MN, 55122

Listing Office:

RE/MAX Results

#6348232

MLS logo
4099 Durham Ct Unit 91, Eagan, MN 55122

Coming Soon

$225,000

2

1

1,080 SqFt

4099 Durham Ct Unit 91, Eagan MN, 55122

Listing Office:

TheMLSonline.com, Inc.

#6343951

MLS logo
4738 Narvik Dr, Eagan, MN 55122

$373,500

4

1

1,914 SqFt

4738 Narvik Dr, Eagan MN, 55122

Listing Office:

Keller Williams Classic Realty

#6347753

MLS logo
2226 Whispering Trl, Eagan, MN 55122

$459,900

3

2

2,560 SqFt

2226 Whispering Trl, Eagan MN, 55122

Listing Office:

Coldwell Banker Realty

#6346065

MLS logo
4452 Slater Rd, Eagan, MN 55122

Coming Soon

$229,900

2

1

1,216 SqFt

4452 Slater Rd, Eagan MN, 55122

Listing Office:

Realty Group LLC

#6347132

MLS logo
3614 Lakeview Trl, Eagan, MN 55122

$475,000

4

2

2,400 SqFt

3614 Lakeview Trl, Eagan MN, 55122

Listing Office:

eXp Realty

#6346826

MLS logo
2088 Vienna Ln, Eagan, MN 55122

$419,900

4

1 Full, 1 Partial

1,784 SqFt

2088 Vienna Ln, Eagan MN, 55122

Listing Office:

Bridge Realty, LLC

#6346624

MLS logo
4373 Lodgepole Dr, Eagan, MN 55122

Coming Soon

$314,900

3

1

1,737 SqFt

4373 Lodgepole Dr, Eagan MN, 55122

Listing Office:

Keller Williams Integrity Realty

#6337345

MLS logo
2108 Cedar Grove Trl, Eagan, MN 55122

$349,900

3

1 Full, 1 Partial

2,085 SqFt

2108 Cedar Grove Trl, Eagan MN, 55122

Listing Office:

Coldwell Banker Realty

#6344741

MLS logo
2103 Silver Bell Rd Unit 114, Eagan, MN 55122

$239,900

2

1

1,137 SqFt

2103 Silver Bell Rd Unit 114, Eagan MN, 55122

Listing Office:

KeysNorth Real Estate

#6344205

MLS logo
1629 Hickory Hill Dr, Eagan, MN 55122

$257,000

2

1 Full, 1 Partial

1,278 SqFt

1629 Hickory Hill Dr, Eagan MN, 55122

Listing Office:

Keller Williams Classic Realty

#6343238

MLS logo
4356 Woodduck Cir, Eagan, MN 55122

$499,900

4

1

3,053 SqFt

4356 Woodduck Cir, Eagan MN, 55122

Listing Office:

Keller Williams Preferred Rlty

#6341033

MLS logo

About 55122, MN

55122, MN has 54 homes for sale to choose from. The inventory of homes for sale in 55122, MN between January 2023 and February 2023 increased by 20%. Listings spent 42 days on the market in February 2023, and had a median list price of $337,666 during the same period. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties became 2.9% more expensive, prices of 2 bedrooms properties increased by 6.5%, prices of 3 bedrooms properties increased by 7.7%, 4 bedrooms properties prices increased by 9.1%, prices of 5 bedrooms properties went up by 12.3%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 33.3%, 2 bedrooms homes inventory increased by 8.3%, the quantity of 3 bedrooms homes went up by 18.8%, 4 bedrooms homes became 33.3% more available, 5 bedrooms homes inventory did not change. In February 2023, from all listings sold in 55122, MN there were more than 11 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 03/01/2021 - 03/01/2023

Broker Reciprocity Copyright © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/29/2023, 12:22:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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