$119,900
Land
Listing Office: Edina Realty, Inc.
Is 55336, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 55336 was a Seller's Market.
Key Takeaway
55336 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 55336, MN
How much do homes in 55336, MN cost?
Median Sold Price
$244,900
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,900(+4.2%)
Key Takeaway
Homes in 55336 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 55336 was $244,900 in November 2024, up 4.2% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $209.5K | $225.7K | +7.8% |
| 3 Bedrooms | $225.4K | $239.5K | +6.2% |
| 4 Bedrooms | $274.8K | $264.5K | -3.8% |
| 5+ Bedrooms | $300K | $423.2K | +41.1% |
Summary: 55336 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 increased by 7.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 41.1%.
Median Sold Price Compared To Nearby Zip Codes
| 55336 | $235K | $244.9K | +4.2% |
| 55354 | $262.7K | $240K | -8.7% |
Housing Supply in 55336, MN
How many homes are available in 55336, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 25 | -21.9% |
Summary: The 55336 real estate market had 25 homes for sale in November 2024, a 21.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 55336 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55336, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 55336 in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 55336, MN
How long does it take to sell a home in 55336, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 74 Days | +129.7% |
Summary: Homes in 55336 had an average of 74 days on market in Nov 2024, up by 129.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 55336 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 55336; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
