Housing Prices in 55047, MN

How much do homes in 55047, MN cost?

Median List Price

$664,750

$254/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$67,300(+11.3%)

Key Takeaway

The list price of homes in 55047 has increased by 11.3% since last year.

Summary: The median home list price in 55047 was $664,750 in October 2024, up 11.3% from the previous year, and the median price per square foot was $254.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$699.9K
N/A
2 $645K$375K
-41.9%
3 $595K$512.5K
-13.9%
4 $595K$660K
+10.9%
5+ $825K$1.4M
+70.7%

Summary: 55047 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.9%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 70.7%.

Median List Price Compared To Nearby Zip Codes

55082
+15.6%
55047
+11.3%
54025
+3.4%
55025
+2.8%
55073
-9.1%

Housing Supply in 55047, MN

How many homes are available in 55047, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
19190.0%

Summary: The 55047 real estate market had 19 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 76
-14.3%
4 65
-16.7%
5+ 56
+20.0%

Summary: The 55047 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 20%.

Days on Market for 55047, MN

How long does it take to sell a home in 55047, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
92 Days111 Days+21.2%

Summary: Homes in 55047 had an average listing age of 111 days in Oct 2024, up by 21.2% compared to the previous year.

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

Report Updated 17 Days Ago

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Newest Listings in 55047, MN

Nearby Markets to 55047, MN

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 11/01/2022 - 11/01/2024

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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: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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