The story of this market
The typical home in ZIP 55112 sells for about $385,000, or $205 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,372 a month.
ZIP 55112 — New Brighton
The housing market in 55112 remains stable with steady demand for single-family homes, supported by the area's strong school district and proximity to the Twin Cities. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader regional trends. Buyers are active, though the market is sensitive to interest rate fluctuations.
This ZIP is ideal for family buyers seeking high-quality schools and commuters who require efficient access to the Twin Cities' major employment hubs.
Median prices moved up 2.4% year over year.
Homes spend a median of 34 days on market with 2.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 8.7% — 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 6.7%/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 5.5%/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 55112, Ramsey County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
New Brighton generally experiences lower crime rates compared to the broader Twin Cities metropolitan area, with property crime being the primary concern. Local law enforcement maintains a stable presence, and community safety initiatives are active.
The area is primarily served by the Mounds View Public Schools district, which is highly regarded for its academic performance and college readiness programs.
The region faces moderate risks from severe thunderstorms and winter weather, with standard flood insurance requirements for properties located near the Rice Creek watershed.
Economic momentum is driven by proximity to the Twin Cities employment core and local business parks in New Brighton, with ongoing residential infill development.
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.
Residents benefit from direct access to I-35W and I-694, providing a 15-20 minute commute to downtown Minneapolis or St. Paul.
The area features extensive green space, including Long Lake Regional Park and various community trails, alongside convenient retail shopping along Silver Lake Road.
The rental market is characterized by steady demand from commuters and families, with low vacancy rates and moderate annual rent growth.
The local economy is supported by a mix of light industrial, retail, and professional services, with many residents commuting to the broader Minneapolis-St. Paul metro area.
The area is well-served by major highway corridors I-35W and I-694, with limited public transit options primarily consisting of regional bus routes.
Development is focused on residential densification and the revitalization of older commercial corridors.
Ramsey County Assessor manages property valuations, utilizing a mass appraisal system to determine market value for tax purposes.
Parcels are subject to levies from Ramsey County, the City of New Brighton, and Mounds View Public Schools.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk, which are common in the Upper Midwest.
Data retrieved from data.census.gov ZCTA 55112 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mall of America®4.615.5 mi
- Great Wolf Lodge | Minnesota3.915.1 mi
- Nickelodeon Universe4.515.5 mi
- Slick City Action Park4.510.7 mi
- Edinborough Park4.615.9 mi
- U.S. Bank Stadium4.67.6 mi
- Grand Casino Arena4.610.3 mi
- Minneapolis Convention Center4.58.2 mi
- Minnesota State Fair4.77 mi
- Topgolf Brooklyn Center4.34.2 mi
- U.S. Bank Stadium4.67.6 mi
- Como Park Zoo & Conservatory4.77 mi
- Minneapolis Institute of Art4.88.9 mi
- Science Museum of Minnesota4.610.5 mi
- Guthrie Theater4.87.3 mi
- Minneapolis Institute of Art4.88.9 mi
- Science Museum of Minnesota4.610.5 mi
- Union Depot4.510.6 mi
- Walker Art Center4.58.6 mi
- Minnesota State Capitol4.79.7 mi
- Como Park Zoo & Conservatory4.77 mi
- Minneapolis Sculpture Garden4.78.6 mi
- Lake Harriet Regional Park4.811.5 mi
- Elm Creek Park Reserve4.712.3 mi
- Boom Island Park4.76.7 mi
- Long Lake Public Beach4.50.2 mi
- Topgolf Brooklyn Center4.34.2 mi
- National Sports Center4.55.8 mi
- Edinburgh USA4.46.6 mi
- The Minikahda Club4.410.9 mi
- Puttery4.77.4 mi
- Rosedale Center4.34.6 mi
- Karmel Mall4.19.6 mi
- Maplewood Mall49.3 mi
- Minneapolis-Saint Paul International Airport4.413.3 mi
- Shoyu3.713.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park with swimming beach, trails, and picnic areas.
Extensive paved trail system for biking and hiking.
Local retail and dining hub serving the immediate community.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).