55404 Home Values & Market Trends

There are 34 homes currently listed for 55404. 55404 real estate market trends show that home prices range from $92,500 to $1,195,000, and the median sales price in the 55404 zip code is $263,746. The total number of properties sold within the past twelve months is 192. In 55404, 5 properties are in foreclosure, 4 are bank owned properties,and 1 are headed for auction.

55404 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Minneapolis

$ 317,819

$ 202/sqft

Minneapolis

$ 317,819

$ 202/sqft

Housing Market Summary for 55404

Apr 2023March 2024Change
Median Listing Price$287.4K$228.3K-20.58%
Median Sold Price$223.8K$228.3K2.02%
Homes For Sale3830-21.05%
Homes Sold8277-6.10%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 55404

The median list price of a home in Minneapolis, is $263,746. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 55404 properties is 2,745.

Foreclosure
There are 2 cities within 55404; 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 55404 with minneapolis containing 238 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55404 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 55404; 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 55404 ranges from the highest value of $481,824 in minneapolis to the lowest value of $89,100 in minneapolis. Bank owned homes and properties account for 0.15% of properties in 55404. There are 2 cities within 55404; minneapolis containing 35 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    minneapolis has 203 auction properties, the highest number of properties going to auction in a single city in the state of 55404. Auction homes and other auction properties account for 0.04% of all properties in 55404. There are 2 cities within 55404; 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 1.24% of residential properties in 55404 with minneapolis containing 736 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 55404; homes for sale in those cities, have a range of median values from $4,360,318 in minneapolis to the lowest value of $83,125 in minneapolis.
    Sold Homes
    The median value for recently sold homes ranges from $4,832,730 in minneapolis to the lowest price of $29,462 in minneapolis. There are 2 cities within 55404. minneapolis has 4013 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.95% of properties in 55404.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      55404
      $
      $

      Guide for 55404

      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 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.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      Recently Listed Homes 55404

      No data to show