Housing Prices in 55787, MN

How much do homes in 55787, MN cost?

Median List Price

$389,900

$186/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$143,450(+58.2%)

Key Takeaway

The list price of homes in 55787 has increased by 58.2% since last year.

Summary: The median home list price in 55787 was $389,900 in October 2024, up 58.2% from the previous year, and the median price per square foot was $186.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $235K$235K
0.0%
2 $202.4K$569.9K
+181.5%
3 $242.9K$389.9K
+60.5%
4 $549.5K$400K
-27.2%
5+ -$800K
N/A

Summary: 55787 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 181.5%, 3 bedroom homes increased by 60.5%, 4 bedroom homes decreased by 27.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

55787
+58.2%
55760
+21.1%
55736
-17.0%

Housing Supply in 55787, MN

How many homes are available in 55787, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13+200.0%

Summary: The 55787 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 11
0.0%
3 00
0.0%
4 01
+100.0%
5+ 01
+100.0%

Summary: The 55787 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for 55787, MN

How long does it take to sell a home in 55787, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
118 Days21 Days-81.7%

Summary: Homes in 55787 had an average listing age of 21 days in Oct 2024, down by 81.7% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in 55787, MN

Nearby Markets to 55787, MN