55424 Real Estate Market Overview

Could Minneapolis, MN 55424 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 55424. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 55424 such as Sa...int Paul and Edina. When you’re ready, Trulia has 86 resale and new homes in 55424 lined up for you, including 1 open house, and 7 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$565,000

Median Sales Price

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$375

Price Per Sqft

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$2,672

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 55424 show a 42% year-over-year rise in median sales price and a 48% rise in median rent per month.

Median Sales Price
The median sales price for homes in 55424 for Jan 7 to Apr 6 was $565,000 based on 1 home sales.
Price Per Square Ft.
Average price per square foot for 55424 was $375, a decrease of -3% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 55424 for Mar 7 to Apr 7 was $2,672.

Crime

Most frequent crimes in the past year

55424 has very low crime relative to the rest of Hennepin County.

Knowing more about crime activity in 55424 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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43

Counts of Traffic

8

Counts of Property Crime

8

Counts of Liquor


Best Schools in 55424

There are 5 schools in 55424.

Elementary Schools
10

Concord Elementary School

Public, K - 5

9

Normandale Elementary School

Public, K - 5

N/A

Early Childhood Special Ed

Public, PK - K

Middle Schools
10

South View Middle School

Public, 6 - 9

N/A

Special Education-Non Public

Public, K - 12

High Schools
N/A

Special Education-Non Public

Public, K - 12


Demographics

Get to know your neighbors in 55424 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
24%
Single residents
Home owners
96%
Home owners
Median age
40
Median age
Household income
$120,404
Median household income
College educated
83%
College educated

Commute

Most people in 55424 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
94% commute by car
0% commute by bike
3% commute by public transportation
1% commute by foot

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