Is 55767, MN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing 55767 is a neutral's market


Difference Since February 2022

At the same time last year, 55767 was a Seller's Market.

Key Takeaway

55767 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 55767, MN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in 55767 have sold for 15.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $210K$160.4K
2 $145K$161K
3 $212K$313.7K
4 $260K$247.2K
5+ $339.2K$391K

How many homes are available in 55767, MN?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
2 11
3 78
4 44
5+ 00

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 55767, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
53 Days65 Days+22.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 55767 has remained consistent over time.

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

About 55767, MN

There are 13 homes are for sale in 55767, MN real estate market. The number of homes for sale in 55767, MN increased by 8.3% between January 2023 and February 2023. While the average time on the market in February 2023 was 65 days, the median list price was $245,000. Real estate listing prices changed between January 2023 and February 2023: prices of 1 bedroom properties went down by 23.6%, the cost of 2 bedrooms properties went up by 11%, 3 bedrooms properties became 48% more expensive, 4 bedrooms properties became 4.9% more cheaper, prices of 5 bedrooms properties went up by 15.3%. This housing market inventory have changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went up by 14.3%, number of 4 bedrooms homes remained the same, 5 bedrooms homes did not move. While more than 0 listings in 55767, MN in February 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.