55031 Real Estate Market Overview

Could Hampton, MN 55031 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 55031. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 55031 such as Randol...ph and Webster. When you’re ready, Trulia has 3 resale and new homes in 55031 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$240,750

Median Sales Price

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$236

Price Per Sqft

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$1,600

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 55031 show a 1% year-over-year rise in median sales price and a -7% drop in median rent per month.

Median Sales Price
The median sales price for homes in 55031 for May 24 to Aug 23 was $240,750 based on 4 home sales.
Price Per Square Ft.
Average price per square foot for 55031 was $236, an increase of 32% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 55031 for Jul 24 to Aug 24 was $1,600.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 55031 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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Crime data for the past year is not available at this location.


Best Schools in 55031

There are 12 schools in 55031.

Elementary Schools
9

Farmington Elementary School

Public, PK-5

7

Randolph Elementary School

Public, PK-6

6

Cannon Falls Elementary School

Public, PK-5

Middle Schools
8

Cannon Falls Sec.

Public, 6-12

8

Robert Boeckman Middle School

Public, 6-8

7

Hastings Middle School

Public, 5-8

High Schools
9

Hastings High School

Public, 9-12

8

Cannon Falls Sec.

Public, 6-12

4

Farmington High School

Public, 9-12


Demographics

Get to know your neighbors in 55031 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
23%
Single residents
Home owners
90%
Home owners
Median age
39
Median age
Household income
$82,969
Median household income
College educated
34%
College educated

Commute

Most people in 55031 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
95% commute by car
0% commute by bike
1% commute by public transportation
3% commute by foot

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