Is 55927, 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, 55927 has remained a Seller's Market.
Key Takeaway
55927 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in 55927, MN cost?
Median Sold Price
$214,950
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
-$550(-0.3%)
Key Takeaway
The sold price of homes in 55927 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | $89.9K | N/A |
| 2 Bedrooms | $170K | $170.5K | 0.3% |
| 3 Bedrooms | $187K | $210K | +12.3% |
| 4 Bedrooms | $245K | $287.4K | +17.3% |
| 5+ Bedrooms | $392.4K | $431.2K | +9.9% |
Median Sold Price Compared To Nearby Zip Codes
| 55944 | $277.9K | $285K | +2.5% |
| 55927 | $215.5K | $214.9K | -0.3% |
| 55955 | $410.4K | $335K | -18.4% |
How many homes are available in 55927, MN?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 7 | 7 | 0.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 55927, 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 | % |
|---|---|---|
| 21 Days | 63 Days | +200.0% |
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
Key Takeaway
Avg time on Rocket Homes in 55927 has remained consistent over time.
