55331 Real Estate Market Overview

Could Excelsior, MN 55331 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 55331. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 55331 such as Wayz...ata and Chanhassen. When you’re ready, Trulia has 136 resale and new homes in 55331 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$501,500

Median Sales Price

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$263

Price Per Sqft

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$2,412

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 55331 show a -7% year-over-year drop in median sales price and a -2% drop in median rent per month.

Median Sales Price
The median sales price for homes in 55331 for May 24 to Aug 23 was $501,500 based on 73 home sales.
Price Per Square Ft.
Average price per square foot for 55331 was $263, a decrease of -1% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 55331 for Jul 24 to Aug 24 was $2,412.

Crime

Most frequent crimes in the past year

55331 has very low crime relative to the rest of Hennepin County.

Knowing more about crime activity in and around 55331 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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50

Counts of Emergency

42

Counts of Disorder

32

Counts of Community Policing


Best Schools in 55331

There are 21 schools in 55331.

Elementary Schools
10

Clear Springs Elementary School

Public, K-5

9

Minnewashta Elementary School

Public, K-5

9

Deephaven Elementary School

Public, K-5

Middle Schools
10

Minnetonka East Middle School

Public, 6-8

10

Grandview Middle School

Public, 5-7

10

Minnetonka West Middle School

Public, 6-8

High Schools
10

Minnetonka Senior High School

Public, 9-12

10

Chanhassen High School

Public, 9-12

10

Mound-Westonka High School

Public, 8-12


Demographics

Get to know your neighbors in 55331 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
27%
Single residents
Home owners
89%
Home owners
Median age
44
Median age
Household income
$104,708
Median household income
College educated
66%
College educated

Commute

Most people in 55331 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
2% commute by public transportation
1% commute by foot

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