The story of this market
The typical home in ZIP 55309 sells for about $379,836, or $185 per square foot.
Prices are roughly flat from a year ago (-0.7%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,408 a month.
ZIP 55309 — Big Lake
The 55309 housing market shows signs of stabilization with a median sale price of $379,836, reflecting a slight year-over-year adjustment. High demand for single-family homes persists, though increased inventory and price cuts suggest a more balanced market for buyers compared to previous years.
Big Lake is ideal for family buyers and commuters seeking a balance between suburban affordability and access to the Twin Cities, offering a small-town atmosphere with modern infrastructure.
Median prices moved down 0.7% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
35% of listings have cut prices · homes sell at 99.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 4.5% — 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 7.7%/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 7.4%/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 55309, Sherburne 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.
Big Lake generally experiences low crime rates compared to the broader Minnesota state average, with property crime being the most frequently reported incident type.
The area is served by the Big Lake School District, which maintains a solid reputation for community-focused education and student support services.
The region is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risks primarily localized near the Mississippi River and local lakefronts.
Economic momentum is driven by its position as a growing exurban hub for the Twin Cities, with ongoing residential development and infrastructure improvements supporting a steady influx of new families.
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 primarily commute to the Twin Cities metro area via US Highway 10, with Northstar Commuter Rail service providing a transit alternative to downtown Minneapolis.
The area features extensive outdoor amenities including Big Lake, numerous public parks, and access to regional trail systems, alongside local shopping and dining options along Highway 10.
The rental market is characterized by moderate vacancy pressure and steady demand, with a mix of single-family rentals and newer multi-family developments.
The local economy is supported by a mix of retail, light manufacturing, and service-sector businesses, with many residents employed in the broader Minneapolis-St. Paul metropolitan area.
The area is well-connected by US Highway 10 and the Northstar Commuter Rail line, which serves as a critical link for daily commuters to the Twin Cities.
Development planning focuses on expanding residential subdivisions and improving commercial infrastructure along the Highway 10 corridor.
Sherburne County Assessor's office manages property valuations, utilizing market-based assessments to determine annual tax liabilities.
Parcels are subject to Big Lake School District (ISD 727) levies and various municipal utility and drainage district assessments.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail damage being common.
Data retrieved from data.census.gov ZCTA 55309 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.
- Wild Woods Water Park3.910.4 mi
- Deer Lake Orchard4.618.6 mi
- Links at Northfork Golf Course4.514 mi
- Rockwoods4.410.4 mi
- Dehns Pumpkins4.617.4 mi
- Pebble Creek Golf Club4.56.8 mi
- Jack & Jim's Food & Liquor4.616.9 mi
- St Michael Cinema4.712.7 mi
- Lake Maria State Park4.711 mi
- Emagine Monticello4.56.7 mi
- River City Extreme4.66.7 mi
- Sand Dunes State Forest4.34.6 mi
- Oliver Kelley Farm4.712.4 mi
- Ellingson Motorcars4.415.4 mi
- Buddha Glass4.76.6 mi
- Subjective Art Tattoo, LLC4.89.3 mi
- The Tattooed Lady LLC4.78.8 mi
- Lake Maria State Park4.711 mi
- Sherburne National Wildlife Refuge4.79 mi
- Sand Dunes State Forest4.34.6 mi
- Bertram Chain of Lakes Regional Park4.77.8 mi
- Orono Park4.68 mi
- MarineMax Rogers3.816.2 mi
- Fox Hollow Golf Club4.412.9 mi
- Pebble Creek Golf Club4.56.8 mi
- Riverwood National Golf Course4.16.3 mi
- Cedar Creek Golf Course4.49.8 mi
- Elk River Golf Club4.27.1 mi
- Albertville Premium Outlets4.39.2 mi
- Fleet Farm4.45.9 mi
- Marshalls4.35.5 mi
- Runnings4.45.7 mi
- Elk Park Center4.29.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central recreational feature offering fishing, boating, and public access points.
A popular community park with picnic areas, playgrounds, and lake access.
Provides scenic views and trails along the Mississippi River corridor.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).