Housing Prices in 55087, MN

How much do homes in 55087, MN cost?

Median List Price

$165,000

$156/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$52,450(-24.1%)

Key Takeaway

The list price of homes in 55087 has decreased by 24.1% since last year.

Summary: The median home list price in 55087 was $165,000 in November 2024, down 24.1% from the previous year, and the median price per square foot was $156.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $245K$180K
-26.5%
3 $161.4K$139.9K
-13.3%
4 -$207.5K
N/A
5+ $575K-
N/A

Summary: 55087 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.5%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

55021
+15.8%
55052
-18.8%
55087
-24.1%

Housing Supply in 55087, MN

How many homes are available in 55087, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The 55087 real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 55087 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 55087, MN

How long does it take to sell a home in 55087, MN?

Average Listing Age

Nov 2023Nov 2024CHANGE
41 Days39 Days-4.9%

Summary: Homes in 55087 had an average listing age of 39 days in Nov 2024, down by 4.9% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 55087, MN

Nearby Markets to 55087, MN