Is 55322, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 55322 is a buyer's market

Buyer's
Market

Difference Since February 2022

Since last year, 55322 has remained a Buyer's Market.

Key Takeaway

55322 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 55322, MN cost?

Median Sold Price

$403,848

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$33,848(+9.1%)

Key Takeaway

Homes in 55322 have sold for 9.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
N/A
2 $251K$297.2K
+18.4%
3 $345K$401.9K
+16.5%
4 $424.7K$424K
-0.2%
5+ $499.9K-
N/A

Median Sold Price Compared To Nearby Zip Codes

55322
+9.1%
55315
+8.5%
55387
+7.9%
55318
+5.5%

How many homes are available in 55322, MN?

Number of Homes For Sale

Jan 2023Feb 2023%
3034+13.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 12
+100.0%
3 2123
+9.5%
4 77
0.0%
5+ 12
+100.0%

Number of Homes Sold

Jan 2023Feb 2023%
110.0%

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 55322, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

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506 Winkler Trl N, Cologne, MN 55322

$479,900

4

2 Full, 1 Partial

2,136 SqFt

506 Winkler Trl N, Cologne MN, 55322

Listing Office:

Keller Williams Integrity Realty

#6342911

MLS logo
XXXX County Road 53, Cologne, MN 55322

$742,500

Land

XXXX County Road 53, Cologne MN, 55322

Listing Office:

Keller Williams Integrity NW

#6338328

MLS logo
9305 Johnson Dr, Cologne, MN 55322

$599,900

5

1

1,968 SqFt

9305 Johnson Dr, Cologne MN, 55322

Listing Office:

Kubes Realty Inc

#6336873

MLS logo
1407 Naples Ave, Cologne, MN 55322

$289,000

2

1 Full, 1 Partial

1,642 SqFt

1407 Naples Ave, Cologne MN, 55322

Listing Office:

RE/MAX Advantage Plus

#6328684

MLS logo
475 Prairie View Dr, Cologne, MN 55322

$381,900

3

2

1,400 SqFt

475 Prairie View Dr, Cologne MN, 55322

Listing Office:

Keller Williams Integrity Realty

#6330134

MLS logo
223 Winkler Trl, Cologne, MN 55322

$429,900

4

2 Full, 1 Partial

2,704 SqFt

223 Winkler Trl, Cologne MN, 55322

Listing Office:

Coldwell Banker Nybo & Assoc

#6329901

MLS logo
XXXX 150th St, Cologne, MN 55322

$245,000

Land

XXXX 150th St, Cologne MN, 55322

Listing Office:

Keller Williams Realty Integrity Northwest

#6326346

MLS logo
530 Winkler Trl N, Cologne, MN 55322

$361,900

3

1

1,325 SqFt

530 Winkler Trl N, Cologne MN, 55322

Listing Office:

Keller Williams Integrity Realty

#6317141

MLS logo
522 Winkler Trl N, Cologne, MN 55322

$382,400

3

1

1,515 SqFt

522 Winkler Trl N, Cologne MN, 55322

Listing Office:

Keller Williams Integrity Realty

#6317134

MLS logo
524 Winkler Trl N, Cologne, MN 55322

$444,400

3

1

1,830 SqFt

524 Winkler Trl N, Cologne MN, 55322

Listing Office:

Keller Williams Integrity Realty

#6317135

MLS logo
540 Winkler Trl N, Cologne, MN 55322

$383,900

3

2

1,426 SqFt

540 Winkler Trl N, Cologne MN, 55322

Listing Office:

Keller Williams Integrity Realty

#6317122

MLS logo
520 Winkler Trl N, Cologne, MN 55322

$445,400

3

2

1,665 SqFt

520 Winkler Trl N, Cologne MN, 55322

Listing Office:

Keller Williams Integrity Realty

#6317132

MLS logo

About 55322, MN

55322, MN has 34 homes on the market. The number of listings in 55322, MN increased by 13.3% between January 2023 and February 2023. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 18.4%, 3 bedrooms properties prices increased by 16.5%, 4 bedrooms properties became 0.2% more cheaper, 5 bedrooms properties prices increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went up by 9.5%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes increased by 100%. In February 2023 more than 0 listings in 55322, 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.

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.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/23/2023, 8:22:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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