Is 55360, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 55360 was a Neutral Market.
Housing Prices in 55360, MN
How much do homes in 55360, MN cost?
Median Sold Price
$340,000
$182/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 55360 was $340,000 in April 2024, down 10.3% from last month, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $359.4K | $317.3K | -11.7% |
4 Bedrooms | $379.7K | $375K | -1.3% |
5+ Bedrooms | $435K | - | N/A |
Summary: 55360 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
55367 | $231K | $468K | +102.6% |
55360 | $378.9K | $340K | -10.3% |
Housing Supply in 55360, MN
How many homes are available in 55360, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 28 | -6.7% |
Summary: The 55360 real estate market had 28 homes for sale in April 2024, a 6.7% decrease 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 | 1 | 2 | +100.0% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 55360 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 55360 in April 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 55360, MN
How long does it take to sell a home in 55360, MN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 6 Days | -52.2% |
Summary: Homes in 55360 had an average of 6 days on market in Apr 2024, down by 52.2% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 55360; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.