55118 Home Values & Market Trends

There are 20 homes currently listed for 55118. 55118 real estate market trends show that home prices range from $124,900 to $965,000, and the median sales price in the 55118 zip code is $340,071.64. The total number of properties sold within the past twelve months is 305. In 55118, 8 properties are in foreclosure, 0 are bank owned properties,and 8 are headed for auction.

Housing Market Summary for 55118

Feb 2023January 2024Change
Median Listing Price$279K$348.9K25.07%
Median Sold Price$349.7K$348.9K-0.22%
Homes For Sale2918-37.93%
Homes Sold217201-7.37%
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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 55118

The median list price of a home in Saint Paul, is $340,071.64. A total of 20 properties are for sale, and the percentage of properties for sale in the zip code is 20.00%. The total count of 55118 properties is 8,933.

Foreclosure
There are 4 cities within 55118; within these cities, the median estimated home value for homes in foreclosure ranges from $917,737 in saint paul to the lowest value of $84,047 in saint paul. Foreclosure homes account for 0.00% of properties in 55118 with saint paul containing 126 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55118 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 4 cities within 55118; 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 55118 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 55118. There are 4 cities within 55118; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    saint paul has 94 auction properties, the highest number of properties going to auction in a single city in the state of 55118. Auction homes and other auction properties account for 0.09% of all properties in 55118. There are 4 cities within 55118; of those cities, the median estimated home value for homes going to auction ranges from $917,737 in saint paul to the lowest value of $110,000 in saint paul.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in 55118 with saint paul containing 309 homes for sale, the highest number of listed properties in a single city. There are 4 cities within 55118; homes for sale in those cities, have a range of median values from $1,348,132 in saint paul to the lowest value of $49,900 in saint paul.
    Sold Homes
    The median value for recently sold homes ranges from $2,789,640 in saint paul to the lowest price of $28,469 in saint paul. There are 4 cities within 55118. saint paul has 2102 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.21% of properties in 55118.

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      Guide for 55118

      A house that has been flipped
      Fix and Flip
      How To Flip An REO Property For Profit
      Investment Financing
      What You Need to Know About REO Property Financing
      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      California
      Los Angeles Real Estate Peaks in September 2023: Annual Report Highlights Citywide Property Value Fluctuations
      See More Articles
      A house that has been flipped
      How To Flip An REO Property For Profit
      Fix and Flip|posted 14 February 2024

      House flipping is a real estate investing strategy involving purchasing properties, investing some capital in renovations, and putting them back on the market. The difference between the cost of the REO property plus repairs and the final price when it’s eventually sold off is the profit. According to data from Attom, the average return on […]

      What You Need to Know About REO Property Financing
      Investment Financing|posted 14 February 2024

      Although it’s true it can be harder to find financing for Real Estate Owned (REO) properties compared to regularly listed properties, the banks owning them are very motivated to sell – especially if they own other properties in the area. Research shows that vacant properties reduce taxable value in the neighborhood – not to mention […]

      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      Los Angeles Real Estate Peaks in September 2023: Annual Report Highlights Citywide Property Value Fluctuations
      California|posted 13 February 2024

      The Los Angeles real estate market saw fluctuating values and sold prices per square foot in 2023, with a citywide peak in September at $1,200,000 and $706 respectively.

      Recently Listed Homes 55118

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