55431 Home Values & Market Trends
There are 17 homes currently listed for 55431. 55431 real estate market trends show that home prices range from $264,500 to $689,900, and the median sales price in the 55431 zip code is $357,168.06. The total number of properties sold within the past twelve months is 295. In 55431, 4 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.
55431 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Minneapolis | $ 304,086 $ 202/sqft | Minneapolis | $ 304,086 $ 202/sqft |
Housing Market Summary for 55431
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $401.9K | $349K | -13.17% |
| Median Sold Price | $369.9K | $349K | -5.65% |
| Homes For Sale | 18 | 18 | - |
| Homes Sold | 153 | 187 | 22.22% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 55431
Browse Homes in 55431
The median list price of a home in Minneapolis, is $357,168.06. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 55431 properties is 6,144.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 55431 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 55431; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 55431 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 0.02% of properties in 55431. There are 2 cities within 55431; minneapolis containing 32 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsminneapolis has 199 auction properties, the highest number of properties going to auction in a single city in the state of 55431. Auction homes and other auction properties account for 0.05% of all properties in 55431. There are 2 cities within 55431; 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.
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More Real Estate Resources for 55431
Guide for 55431
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