Is 55436, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 55436 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 55436 has remained a Seller's Market.

Key Takeaway

55436 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 55436, MN cost?

Median Sold Price

$580,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$20,000(+3.6%)

Key Takeaway

Homes in 55436 have sold for 3.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $145K$155K
+6.9%
2 $223.5K$221K
-1.1%
3 $490K$520K
+6.1%
4 $737.4K$762.5K
+3.4%
5+ $1.1M$1.1M
-1.5%

Median Sold Price Compared To Nearby Zip Codes

55439
+12.6%
55343
+6.7%
55426
+5.9%
55436
+3.6%
55424
-6.3%

How many homes are available in 55436, MN?

Number of Homes For Sale

Jan 2023Feb 2023%
5358+9.4%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 43
-25.0%
2 77
0.0%
3 1419
+35.7%
4 87
-12.5%
5+ 2022
+10.0%

Number of Homes Sold

Jan 2023Feb 2023%
610+66.7%

Asking Price vs. Sold Price

9 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 55436, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
39 Days41 Days+5.6%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 55436 are selling fast, if you're buying plan to act quickly.

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

Local real estate agents are ready to help you find a home here.

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6730 Vernon Ave S Unit 113, Edina, MN 55436

$154,500

1

1

705 SqFt

6730 Vernon Ave S Unit 113, Edina MN, 55436

Listing Office:

Keller Williams Realty Integrity-Edina

#6346244

MLS logo
5124 Mirror Lakes Dr, Edina, MN 55436

$2,795,000

5

2 Full, 1 Partial

5,397 SqFt

5124 Mirror Lakes Dr, Edina MN, 55436

Listing Office:

Compass

#6321569

MLS logo
5212 Benton Ave, Edina, MN 55436

$565,000

4

1 Full, 1 Partial

1,929 SqFt

5212 Benton Ave, Edina MN, 55436

Listing Office:

Rize Realty

#6344642

MLS logo
4360 Brookside Ct Unit 304, Edina, MN 55436

$214,900

2

1

1,150 SqFt

4360 Brookside Ct Unit 304, Edina MN, 55436

Listing Office:

Edina Realty, Inc.

#6333679

MLS logo
6650 Vernon Ave S Unit 211, Edina, MN 55436

$199,000

2

1

1,054 SqFt

6650 Vernon Ave S Unit 211, Edina MN, 55436

Listing Office:

Coldwell Banker Realty

#6341943

MLS logo
6400 Interlachen Blvd, Edina, MN 55436

$2,695,000

4

2 Full, 1 Partial

5,505 SqFt

6400 Interlachen Blvd, Edina MN, 55436

Listing Office:

Coldwell Banker Realty

#6341783

MLS logo
6117 Westridge Blvd, Edina, MN 55436

$899,900

3

2

3,057 SqFt

6117 Westridge Blvd, Edina MN, 55436

Listing Office:

Edina Realty, Inc.

#6342655

MLS logo
5300 Malibu Dr, Edina, MN 55436

$450,000

3

1

2,383 SqFt

5300 Malibu Dr, Edina MN, 55436

Listing Office:

Keller Williams Integrity Realty

#6341155

MLS logo
4509 Oxford Ave, Edina, MN 55436

$1,750,000

5

4 Full, 1 Partial

4,325 SqFt

4509 Oxford Ave, Edina MN, 55436

Listing Office:

Engel & Volkers Minneapolis Downtown

#6339816

MLS logo
5304 Hollywood Rd, Edina, MN 55436

$2,300,000

5

3 Full, 1 Partial

5,352 SqFt

5304 Hollywood Rd, Edina MN, 55436

Listing Office:

Engel & Volkers Minneapolis Downtown

#6339830

MLS logo
5000 Oak Bend Ln, Edina, MN 55436

$3,500,000

4

3 Full, 2 Partial

7,073 SqFt

5000 Oak Bend Ln, Edina MN, 55436

Listing Office:

Edina Realty, Inc.

#6271098

MLS logo
4350 Brookside Ct Unit 304, Edina, MN 55436

$199,900

2

1

1,150 SqFt

4350 Brookside Ct Unit 304, Edina MN, 55436

Listing Office:

The Realty House

#6338564

MLS logo

About 55436, MN

55436, MN has 58 homes for sale to choose from. Between January 2023 and February 2023, 55436, MN real estate market has seen increase in the number of listings by 9.4%. In February 2023, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $580,000. Real estate listing prices changed between January 2023 and February 2023: the cost of 1 bedroom properties went up by 6.9%, prices of 2 bedrooms properties decreased by 1.1%, 3 bedrooms properties became 6.1% more expensive, 4 bedrooms properties became 3.4% more expensive, the cost of 5 bedrooms properties went down by 1.5%. This housing market inventory have changed: volume of 1 bedroom homes went down by 25%, 2 bedrooms homes did not move, number of 3 bedrooms homes increased by 35.7%, 4 bedrooms homes became 12.5% less available, number of 5 bedrooms homes increased by 10%. In February 2023 more than 0 listings in 55436, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 9 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.

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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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/28/2023, 9:22:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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