$129,000
Land
Listing Office: Coldwell Banker Realty
Is 55336, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 55336 has remained a Seller's Market.
Key Takeaway
55336 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55336, MN
How much do homes in 55336, MN cost?
Median Sold Price
$244,950
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,950(+6.5%)
Key Takeaway
Homes in 55336 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 55336 was $244,950 in October 2024, up 6.5% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $209.5K | $228.2K | +8.9% |
| 3 Bedrooms | $224.4K | $237.7K | +5.9% |
| 4 Bedrooms | $248K | $275K | +10.9% |
| 5+ Bedrooms | $300K | $423.2K | +41.1% |
Summary: 55336 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 increased by 8.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 41.1%.
Median Sold Price Compared To Nearby Zip Codes
| 55336 | $230K | $244.9K | +6.5% |
| 55354 | $265K | $252.7K | -4.6% |
Housing Supply in 55336, MN
How many homes are available in 55336, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Summary: The 55336 real estate market had 35 homes for sale in October 2024, a 14.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 55336 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 decreased by 18.2%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55336, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 55336 in October 2024, down by 35.7% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 26 Days | +26.8% |
Summary: Homes in 55336 had an average of 26 days on market in Oct 2024, up by 26.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 55336 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 55336; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
