55431 Real Estate Market Overview

Could Minneapolis, MN 55431 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 55431. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 55431 such as Sa...int Paul and Edina. When you’re ready, Trulia has 37 resale and new homes in 55431 lined up for you, including 2 open houses, and 20 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$243,950

Median Sales Price

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$200

Price Per Sqft

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$1,695

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 55431 show a 3% year-over-year rise in median sales price and a 6% rise in median rent per month.

Median Sales Price
The median sales price for homes in 55431 for Feb 19 to May 18 was $243,950 based on 44 home sales.
Price Per Square Ft.
Average price per square foot for 55431 was $200, an increase of 6% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 55431 for Apr 20 to May 20 was $1,695.

Crime

Most frequent crimes in the past year

55431 has very low crime relative to the rest of Hennepin County.

Knowing more about crime activity in 55431 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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91

Counts of Theft

27

Counts of Assault

10

Counts of Burglary


Best Schools in 55431

There are 6 schools in 55431.

Elementary Schools
9

Hillcrest Community School

Public, PK - 5

7

Oak Grove Elementary School

Public, K - 5

6

Westwood Elementary School

Public, K - 5

Middle Schools
7

Oak Grove Middle School

Public, 6 - 8

N/A

Bloomington Shared Time

Public, K - 12

High Schools
N/A

Bloomington Shared Time

Public, K - 12


Demographics

Get to know your neighbors in 55431 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
34%
Single residents
Home owners
88%
Home owners
Median age
47
Median age
Household income
$69,431
Median household income
College educated
44%
College educated

Commute

Most people in 55431 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
96% commute by car
0% commute by bike
3% commute by public transportation
0% commute by foot

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