Is 55329, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 55329 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 55329 has remained a Seller's Market.

Key Takeaway

55329 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 55329, MN cost?

Median Sold Price

$478,000

$230/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$103,000(+27.5%)

Key Takeaway

Homes in 55329 have sold for 27.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $387.5K$176K
-54.6%
4 -$780K
N/A
5+ $299.9K-
N/A

How many homes are available in 55329, MN?

Number of Homes For Sale

Nov 2021Dec 2021%
107-30.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 22
0.0%
3 42
-50.0%
4 33
0.0%
5+ 10
-100.0%

Number of Homes Sold

Nov 2021Dec 2021%
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 55329, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Dec 2021%
31 Days8 Days-74.7%

Breakdown of Home Sale Times

2 Homes Were 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 55329 are selling fast, if you're buying plan to act quickly.

About 55329, MN

There are 7 homes are for sale in 55329, MN real estate market. Between November 2021 and December 2021, 55329, MN real estate market has seen decrease in the number of listings by 30%. In December 2021 median list price was $478,000 and the average listing age was 8 days. Between December 2020 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices decreased by 54.6%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties increased by 0%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes decreased by 50%, 4 bedrooms homes did not move, number of 5 bedrooms homes decreased by 100%. 55329, MN housing market in December 2021 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 0 sold below.