Housing Prices in 55087, MN

How much do homes in 55087, MN cost?

Median List Price

$180,000

$156/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$49,000(-21.4%)

Key Takeaway

The list price of homes in 55087 has decreased by 21.4% since last year.

Summary: The median home list price in 55087 was $180,000 in October 2024, down 21.4% from the previous year, and the median price per square foot was $156.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245K$212.5K
-13.3%
3 $189.9K$139.9K
-26.3%
4 -$207.5K
N/A
5+ $575K-
N/A

Summary: 55087 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 13.3%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

55021
+12.7%
55087
-21.4%
55052
-29.0%

Housing Supply in 55087, MN

How many homes are available in 55087, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13+200.0%

Summary: The 55087 real estate market had 3 homes for sale in October 2024, a 200.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 55087 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, 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

Oct 2023Oct 2024CHANGE
41 Days12 Days-70.7%

Summary: Homes in 55087 had an average listing age of 12 days in Oct 2024, down by 70.7% compared to the previous year.

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

Report Updated 5 Days Ago

Newest Listings in 55087, MN

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