Is 55972, MN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing 55972 is a buyer's market


Difference Since February 2022

At the same time last year, 55972 was a Seller's Market.

Key Takeaway

55972 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 55972, MN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in 55972 have sold for 6.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
2 $197.2K$212.2K
3 $205K$238.7K
4 $277.7K$272K
5+ $329.9K$400.9K

Median Sold Price Compared To Nearby Zip Codes


How many homes are available in 55972, MN?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
2 21
3 55
4 33
5+ 00

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 55972, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
41 Days3 Days-92.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 55972 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.

About 55972, MN

Homes for sale in 55972, MN have reached 9. The inventory of homes for sale in 55972, MN between January 2023 and February 2023 decreased by 10%. While the average time on the market in February 2023 was 3 days, the median list price was $246,250. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 7.6% more expensive, prices of 3 bedrooms properties went up by 16.4%, 4 bedrooms properties prices decreased by 2.1%, prices of 5 bedrooms properties increased by 21.5%. This housing market inventory have changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 50%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes inventory did not change, 5 bedrooms homes did not move. In February 2023 more than 1 listings in 55972, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below.