55330 Home Values & Market Trends

There are 107 homes currently listed for 55330. 55330 real estate market trends show that home prices range from $210,000 to $1,150,000, and the median sales price in the 55330 zip code is $372,830. The total number of properties sold within the past twelve months is 661. In 55330, 8 properties are in foreclosure, 1 are bank owned properties,and 7 are headed for auction.

55330 Real Estate Market Overview

CityMedian Est. Value
Elk River

$ 395,450

$ 180/sqft

Housing Market Summary for 55330

Oct 2023September 2024Change
Median Listing Price$410K$447.4K9.14%
Median Sold Price$370.4K$392.4K5.95%
Homes For Sale8511434.12%
Homes Sold533282-47.09%
Price
$/Sqft
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 55330

The median list price of a home in Elk River, is $372,830. A total of 107 properties are for sale, and the percentage of properties for sale in the zip code is 107.00%. The total count of 55330 properties is 395.

Foreclosure
There is 1 cities within 55330; within this cities, the median estimated home value for homes in foreclosure ranges from $440,001 in elk river to the lowest value of $76,133 in elk river. Foreclosure homes account for 2.00% of properties in 55330 with elk river containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55330 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 55330; 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 55330 ranges from the highest value of $0 in elk river to the lowest value of $0 in elk river. Bank owned homes and properties account for 0.25% of properties in 55330. There is 1 cities within 55330; elk river containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    elk river has 5 auction properties, the highest number of properties going to auction in a single city in the state of 55330. Auction homes and other auction properties account for 1.77% of all properties in 55330. There is 1 cities within 55330; of that cities, the median estimated home value for homes going to auction ranges from $440,001 in elk river to the lowest value of $76,133 in elk river.
Homes for Sale
Homes and properties that are actively listed for sale account for 27.09% of residential properties in 55330 with elk river containing 50 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 55330; homes for sale in that cities, have a range of median values from $972,995 in elk river to the lowest value of $239,900 in elk river.
    Sold Homes
    The median value for recently sold homes ranges from $1,119,360 in elk river to the lowest price of $76,050 in elk river. There is 1 cities within 55330. elk river has 109 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 68.86% of properties in 55330.

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      Guide for 55330

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Colorado
      Denver Pre-Foreclosures Rise by 19 Percent in August 2024
      California
      Los Angeles Pre-Foreclosure Rates Drop 60 Percent in August 2024
      See More Articles
      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.

      Denver Pre-Foreclosures Rise by 19 Percent in August 2024
      Colorado|posted 3 October 2024

      In August 2024, Denver saw a 15% YoY rise in pre-foreclosures. Aurora had a 71% surge from July. Fort Collins showed stability with just 1 case, while Lakewood doubled YoY. Colorado Springs reported a 10% drop YoY. Each city reveals unique housing dynamics in Colorado.

      Los Angeles Pre-Foreclosure Rates Drop 60 Percent in August 2024
      California|posted 2 October 2024

      In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles

      Recently Listed Homes 55330

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