Is 55312, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 55312 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 55312 has remained a Seller's Market.

Key Takeaway

55312 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 55312, MN cost?

Median Sold Price

$150,000

$156/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$10,500(-6.5%)

Key Takeaway

Homes in 55312 have sold for 6.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$150K
N/A
3 $147K-
N/A
4 $174K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

55396
+3.3%
55312
-6.5%

How many homes are available in 55312, MN?

Number of Homes For Sale

Nov 2021Dec 2021%
330.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 11
0.0%
3 10
-100.0%
4 12
+100.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 55312, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Dec 2021%
26 Days18 Days-30.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 55312 are selling fast, if you're buying plan to act quickly.

About 55312, MN

There are 3 homes are for sale in 55312, MN real estate market. Listings spent 18 days on the market in December 2021, and had a median list price of $150,000 during the same period. This housing market listing prices have changed between December 2020 and December 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 0%, the cost of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 100%, 4 bedrooms homes became 100% more available, 5 bedrooms homes inventory did not change. In December 2021 more than 0 listings in 55312, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.