The story of this market
The typical home in ZIP 55316 sells for about $539,950, or $198 per square foot.
Prices are up +3.5% 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 $1,689 a month.
ZIP 55316 — Champlin
The 55316 housing market remains stable with steady demand and limited inventory, keeping prices firm. While some metrics like sales count are not explicitly published for this specific ZIP, the overall trend reflects a healthy suburban market driven by family buyers. The area continues to benefit from its proximity to the Twin Cities employment core.
This ZIP is ideal for families and commuters who value suburban living, access to riverfront recreation, and a reasonable commute to the Twin Cities.
Median prices moved up 3.5% year over year.
Homes spend a median of 34 days on market with 2.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 7.2% — 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 6.5%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55316, Hennepin 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.
Champlin generally reports lower crime rates compared to the broader Minneapolis-St. Paul metropolitan area, with property crime being the primary concern.
The area is served by the Anoka-Hennepin School District, which is generally well-regarded and provides a variety of academic and extracurricular programs.
The ZIP code faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with localized flood risks near the Mississippi River.
Economic momentum is driven by its proximity to the Twin Cities employment core and ongoing suburban residential 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 typically commute via US-169 or MN-610, providing direct access to the Minneapolis employment hub.
The area features extensive access to the Mississippi River, numerous city parks, and regional trail systems.
The rental market is stable with moderate demand, primarily driven by suburban families and commuters seeking proximity to the metro area.
The local economy is integrated into the broader Twin Cities metro area, with a mix of retail, service, and professional sectors.
Parcels are subject to Anoka-Hennepin School District levies and Hennepin County property tax assessments.
Standard homeowners insurance is typical, with premiums influenced by regional weather-related risk factors.
Data retrieved from data.census.gov ZCTA 55316 profiles.
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.
- Slick City Action Park4.55.1 mi
- Dave & Buster's Maple Grove4.15.2 mi
- Dave & Buster's Edina4.219.9 mi
- St. Louis Park Rec Center4.515.9 mi
- Bunker Beach Water Park4.36.2 mi
- U.S. Bank Stadium4.614.8 mi
- Minneapolis Convention Center4.514.7 mi
- Minnesota State Fair4.716.9 mi
- Topgolf Brooklyn Center4.38.3 mi
- Surly Brewing Co.4.516 mi
- Emagine Willow Creek4.612.8 mi
- AMC Coon Rapids 164.35.7 mi
- Slick City Action Park4.55.1 mi
- Clifton E. French Regional Park4.710.1 mi
- Dave & Buster's Maple Grove4.15.2 mi
- Minneapolis Institute of Art4.815.4 mi
- Walker Art Center4.514.5 mi
- Historic Stone Arch Bridge4.814.4 mi
- Mercado Central4.416.5 mi
- Bell Museum4.615.7 mi
- Elm Creek Park Reserve4.72.8 mi
- Clifton E. French Regional Park4.710.1 mi
- Bunker Beach Water Park4.36.2 mi
- Central Park of Maple Grove4.84.7 mi
- Mississippi Gateway Regional Park4.74.5 mi
- MarineMax4.17.1 mi
- Topgolf Brooklyn Center4.38.3 mi
- National Sports Center4.58.2 mi
- Edinburgh USA4.44.9 mi
- Rush Creek Golf Club4.67.5 mi
- Majestic Oaks Golf Club4.18 mi
- Northtown Mall3.97 mi
- Fleet Farm4.34 mi
- Hy-Vee Grocery Store4.210.5 mi
- Hy-Vee Grocery Store4.38.3 mi
- Minneapolis-Saint Paul International Airport4.421.2 mi
- Shoyu3.721.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides extensive recreational opportunities and scenic views.
A major community park featuring sports fields and playgrounds.
Key-figure check: median price diverges 23.1% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $415,000 (23.1% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $415,000 (-23.1% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.