$21,900
Land
Listing Office: VoigtJohnson
Is 55329, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 55329 has remained a Seller's Market.
Key Takeaway
55329 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55329, MN
How much do homes in 55329, MN cost?
Median Sold Price
$255,750
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$14,250(-5.3%)
Key Takeaway
Homes in 55329 have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in 55329 was $255,750 in December 2024, down 5.3% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $247.2K | -4.9% |
| 3 Bedrooms | $260K | $277K | +6.5% |
| 4 Bedrooms | $360K | $247.5K | -31.3% |
| 5+ Bedrooms | $237K | $264.5K | +11.6% |
Summary: 55329 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Zip Codes
| 55389 | $255K | $312K | +22.4% |
| 56368 | $310K | $342K | +10.3% |
| 56362 | $279.4K | $265K | -5.2% |
| 55329 | $270K | $255.7K | -5.3% |
Housing Supply in 55329, MN
How many homes are available in 55329, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The 55329 real estate market had 6 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 55329 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55329, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 55329 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 55329, MN
How long does it take to sell a home in 55329, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 3 Days | 70 Days | +1900.0% |
Summary: Homes in 55329 had an average of 70 days on market in Dec 2024, up by 1900% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 55329 has remained consistent over time.
Summary: During December 2024, 2 homes were sold in 55329; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
