Is 55336, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 55336 was a Seller's Market.
Housing Prices in 55336, MN
How much do homes in 55336, MN cost?
Median Sold Price
$237,450
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 55336 was $237,450 in April 2024, up 4.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $225K | $209.7K | -6.8% |
3 Bedrooms | $219.9K | $230K | +4.6% |
4 Bedrooms | $261.4K | $234.9K | -10.2% |
5+ Bedrooms | $485K | $300K | -38.1% |
Summary: 55336 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 38.1%.
Median Sold Price Compared To Nearby Zip Codes
55336 | $227.2K | $237.4K | +4.5% |
55354 | $288K | $265.5K | -7.8% |
Housing Supply in 55336, MN
How many homes are available in 55336, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 31 | +106.7% |
Summary: The 55336 real estate market had 31 homes for sale in April 2024, a 106.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 7 | +133.3% |
3 Bedrooms | 8 | 14 | +75.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 55336 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 55336 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for 55336, MN
How long does it take to sell a home in 55336, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 17 Days | -75.0% |
Summary: Homes in 55336 had an average of 17 days on market in Apr 2024, down by 75% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 55336; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.