Is 55364, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
Since last year, 55364 has remained a Seller's Market.
Key Takeaway
55364 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in 55364, MN cost?
Median Sold Price
$440,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
-$56,166(-11.3%)
Key Takeaway
Homes in 55364 have sold for 11.3% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $139K | $137.5K | -1.1% |
| 2 Bedrooms | $255K | $266.5K | +4.5% |
| 3 Bedrooms | $388.7K | $405K | +4.2% |
| 4 Bedrooms | $618.7K | $730K | +18.0% |
| 5+ Bedrooms | $860K | $870K | +1.2% |
How many homes are available in 55364, MN?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 44 | 44 | 0.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 55364, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 19 Days | 42 Days | +120.1% |
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 55364 are selling fast, if you're buying plan to act quickly.
