Is 55943, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, 55943 was a Seller's Market.
Key Takeaway
55943 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in 55943, MN cost?
Median Sold Price
$290,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$90,000(+45.0%)
Key Takeaway
Homes in 55943 have sold for 45% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | $207.5K | N/A |
| 2 Bedrooms | $160K | $96K | -40.0% |
| 3 Bedrooms | $159.9K | $290K | +81.4% |
| 4 Bedrooms | $330K | $359K | +8.8% |
| 5+ Bedrooms | - | $925K | N/A |
Median Sold Price Compared To Nearby Zip Codes
| 55943 | $200K | $290K | +45.0% |
| 55971 | $220K | $299.9K | +36.3% |
| 55947 | $284K | $330K | +16.2% |
How many homes are available in 55943, MN?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 13 | 14 | +7.7% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55943, you may be able to get a good deal. 100% of homes here sold below asking price last month.
