55041 Home Values & Market Trends

There are 10 homes currently listed for 55041. 55041 real estate market trends show that home prices range from $124,942 to $478,000, and the median sales price in the 55041 zip code is $312,686.41. The total number of properties sold within the past twelve months is 88. In 55041, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 55041

Apr 2023March 2024Change
Median Listing Price$254.9K$316.8K24.27%
Median Sold Price$302.2K$316.8K4.82%
Homes For Sale1311-15.38%
Homes Sold5647-16.07%
Price
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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 55041

The median list price of a home in Lake City, is $312,686.41. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 55041 properties is 3,565.

Foreclosure
There is 1 cities within 55041; within this cities, the median estimated home value for homes in foreclosure ranges from $229,385 in lake city to the lowest value of $229,385 in lake city. Foreclosure homes account for 0.00% of properties in 55041 with lake city containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55041 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 55041; of that 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 55041 ranges from the highest value of $229,385 in lake city to the lowest value of $229,385 in lake city. Bank owned homes and properties account for 0.03% of properties in 55041. There is 1 cities within 55041; lake city containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 55041. Auction homes and other auction properties account for 0% of all properties in 55041. There is 1 cities within 55041; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in 55041 with lake city containing 10 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 55041; homes for sale in that cities, have a range of median values from $617,726 in lake city to the lowest value of $236,176 in lake city.
    Sold Homes
    The median value for recently sold homes ranges from $2,437,546 in lake city to the lowest price of $90,890 in lake city. There is 1 cities within 55041. lake city has 41 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.15% of properties in 55041.

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      Guide for 55041

      Market Reports
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports|posted 29 March 2024

      The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.

      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.

      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.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes 55041

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