55422 Home Values & Market Trends

There are 45 homes currently listed for 55422. 55422 real estate market trends show that home prices range from $63,000 to $1,600,000, and the median sales price in the 55422 zip code is $311,973.05. The total number of properties sold within the past twelve months is 554. In 55422, 15 properties are in foreclosure, 4 are bank owned properties,and 11 are headed for auction.

55422 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Minneapolis

$ 305,443

$ 201/sqft

Minneapolis

$ 305,443

$ 201/sqft

Housing Market Summary for 55422

Apr 2023March 2024Change
Median Listing Price$349.9K$293.7K-16.07%
Median Sold Price$322K$293.7K-8.80%
Homes For Sale4035-12.50%
Homes Sold289266-7.96%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 55422

The median list price of a home in Minneapolis, is $311,973.05. A total of 45 properties are for sale, and the percentage of properties for sale in the zip code is 45.00%. The total count of 55422 properties is 9,892.

Foreclosure
There are 2 cities within 55422; within these cities, the median estimated home value for homes in foreclosure ranges from $1,195,966 in minneapolis to the lowest value of $43,000 in minneapolis. Foreclosure homes account for 0.00% of properties in 55422 with minneapolis containing 229 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55422 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 55422; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 55422 ranges from the highest value of $481,824 in minneapolis to the lowest value of $89,683 in minneapolis. Bank owned homes and properties account for 0.04% of properties in 55422. There are 2 cities within 55422; minneapolis containing 30 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    minneapolis has 199 auction properties, the highest number of properties going to auction in a single city in the state of 55422. Auction homes and other auction properties account for 0.11% of all properties in 55422. There are 2 cities within 55422; of those cities, the median estimated home value for homes going to auction ranges from $1,195,966 in minneapolis to the lowest value of $43,000 in minneapolis.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.45% of residential properties in 55422 with minneapolis containing 747 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 55422; homes for sale in those cities, have a range of median values from $4,360,318 in minneapolis to the lowest value of $43,722 in minneapolis.
    Sold Homes
    The median value for recently sold homes ranges from $4,832,730 in minneapolis to the lowest price of $35,329 in minneapolis. There are 2 cities within 55422. minneapolis has 3984 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.81% of properties in 55422.

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      Guide for 55422

      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports
      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      See More Articles
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      Market Reports|posted 24 April 2024

      The blog examines the various trends in the real estate market of Helena, East Helena, Jefferson City, Townsend, Cascade, and Deer Lodge in Montana, highlighting the nuances and unique dynamics in each city.

      Recently Listed Homes 55422

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