The story of this market
The typical home in ZIP 55085 sells for about $582,500, or $205 per square foot.
Prices are up +6% from a year ago, so sellers still have some momentum. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,208 a month.
ZIP 55085 — Vermillion
The housing market in 55085 shows steady growth with a 6% year-over-year increase in median sales price. Inventory levels are expanding, providing more options for buyers, while the market remains competitive with a high sale-to-list ratio. Some metrics, such as specific crime or school data, were not determinable at the ZIP level.
Median prices moved up 6.0% year over year.
Homes spend a median of 27 days on market with 2.1 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 99.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 9.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55085
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Data retrieved from ZCTA-level ACS tables.
- Mall of America®4.618.5 mi
- Treasure Island Resort & Casino3.915.8 mi
- Great Wolf Lodge | Minnesota3.919 mi
- Nickelodeon Universe4.518.5 mi
- Grand Slam4.317.1 mi
- Grand Casino Arena4.619.9 mi
- Hazelwood Food and Drink Bloomington4.718.4 mi
- Union Depot4.519.8 mi
- CHS Field4.820 mi
- Saint Paul RiverCentre4.519.8 mi
- Lebanon Hills Regional Park4.811.2 mi
- DUCK!4.412.3 mi
- Marcus Rosemount Cinema4.59.1 mi
- Whitetail Woods Regional Park4.86.3 mi
- Vermillion Falls Park4.66.8 mi
- Science Museum of Minnesota4.619.7 mi
- Union Depot4.519.8 mi
- Minnesota Children's Museum4.520 mi
- Landmark Center4.719.9 mi
- Historic Fort Snelling4.718.5 mi
- Lebanon Hills Regional Park4.811.2 mi
- Whitetail Woods Regional Park4.86.3 mi
- Vermillion Falls Park4.66.8 mi
- Kingston Park4.511.8 mi
- River Oaks Golf Course and Event Center4.48.9 mi
- Pool and Yacht Club4.718 mi
- Watergate Marina4.518.3 mi
- Treasure Island Resort And Casino Boat Marina4.516.1 mi
- Windmill Marina Assc. Inc4.518.1 mi
- Point St Croix Marina & Pub "The Shrimp Shack"4.69.5 mi
- Emerald Greens Golf Course44.4 mi
- Inver Wood Golf Course4.113 mi
- River Oaks Golf Course and Event Center4.48.9 mi
- Southern Hills Golf Course4.38.3 mi
- Valleywood Golf Course3.811.7 mi
- Hy-Vee Grocery Store4.410.6 mi
- Hy-Vee Grocery Store4.410.8 mi
- T.J. Maxx & HomeGoods4.510.9 mi
- Kohl's4.112.4 mi
- Fresh Thyme Market4.512.5 mi
- Minneapolis-Saint Paul International Airport4.419 mi
- Shoyu3.718.8 mi
- Mimosa318.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price diverges 33.3% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $388,500 (-33.3% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.