$1,661 Closing Credit*
$139,900
1,895 SqFt
5 Beds
•2 Full Baths
Listing Office: Premier Choice Realty
Is 55396, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 55396 has remained a Seller's Market.
Key Takeaway
55396 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55396, MN
How much do homes in 55396, MN cost?
Median Sold Price
$135,000
$66/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$50,000(-27.0%)
Key Takeaway
Homes in 55396 have sold for 27% less than they did a month ago.
Summary: The median home sold price in 55396 was $135,000 in November 2024, down 27% from last month, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $192.5K | $135K | -29.9% |
| 4 Bedrooms | $185K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 55396 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 29.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 55396 | $185K | $135K | -27.0% |
| 55334 | $375K | $207K | -44.8% |
| 55335 | $139K | $24.9K | -82.1% |
Housing Supply in 55396, MN
How many homes are available in 55396, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Summary: The 55396 real estate market had 3 homes for sale in November 2024, a 50.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 55396 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 decreased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55396, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 55396 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 55396, MN
How long does it take to sell a home in 55396, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 48 Days | +21.0% |
Summary: Homes in 55396 had an average of 48 days on market in Nov 2024, up by 21% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 55396 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 55396; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
