The story of this market
The typical home in ZIP 55327 sells for about $600,000, or $190 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,313 a month.
ZIP 55327 — Dayton
The 55327 housing market is characterized by strong demand and rising home values, supported by a high median household income and ongoing residential development. While inventory remains balanced, the area's appeal to families continues to drive competitive conditions. Note that some specific metrics like exact months of supply are estimated based on regional trends as precise ZIP-level data is not published.
This ZIP is ideal for families and professionals seeking newer construction and suburban space while maintaining access to the Twin Cities metro area.
Median prices moved up 1.4% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
8% 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 2.5% · poverty 3.0% — 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 5.1%/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 5.1%/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 55327, 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.
Crime rates in Dayton are generally low, with the area experiencing significantly lower violent and property crime rates compared to the broader Minneapolis-St. Paul metropolitan region.
Schools serving the 55327 area are primarily part of the Anoka-Hennepin and Elk River school districts, which are generally regarded as providing stable and quality educational environments.
The area faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risk primarily concentrated near the Mississippi River corridor.
Dayton is experiencing significant residential growth and infrastructure expansion, driven by its strategic location between the Twin Cities and St. Cloud, attracting new housing developments and commercial interest.
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.
Commuters typically rely on Highway 169 and I-94 to reach the Minneapolis employment core, with average commute times reflecting the suburban nature of the area.
The area features access to the Mississippi River, several local parks, and proximity to regional trail systems, providing ample outdoor recreation opportunities.
The rental market is characterized by low vacancy rates and steady demand, with limited inventory of multi-family units compared to single-family rentals.
The local economy is supported by a mix of retail, light industrial, and proximity to the broader Twin Cities employment hub.
Transportation is primarily auto-dependent, with major highway corridors serving as the primary links to the regional transit network.
The city has an active pipeline for new residential subdivisions and associated commercial infrastructure to support the growing population.
Hennepin County utilizes a mass appraisal system to determine property values for tax purposes, with annual adjustments based on market sales.
Parcels are subject to standard municipal, county, and school district levies, with some areas potentially impacted by specific utility or drainage districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk common in Minnesota.
Minnesota has seen modest net domestic migration, with suburban areas like Dayton attracting families from the urban core.
Minnesota is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from data.census.gov ZCTA-level tables.
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 Park4.57.2 mi
- Dave & Buster's Maple Grove4.17 mi
- St. Louis Park Rec Center4.518.6 mi
- Bunker Beach Water Park4.39.1 mi
- Urban Air Trampoline and Adventure Park3.911.7 mi
- U.S. Bank Stadium4.618.2 mi
- Minneapolis Convention Center4.518 mi
- Topgolf Brooklyn Center4.312.1 mi
- The Armory4.717.9 mi
- Surly Brewing Co.4.519.6 mi
- AMC Coon Rapids 164.39.7 mi
- Slick City Action Park4.57.2 mi
- Clifton E. French Regional Park4.711.8 mi
- Dave & Buster's Maple Grove4.17 mi
- Plymouth Grand 15 & IMAX4.511.9 mi
- Minneapolis Institute of Art4.818.7 mi
- Walker Art Center4.517.7 mi
- Historic Stone Arch Bridge4.817.9 mi
- Mercado Central4.419.8 mi
- Bell Museum4.619.4 mi
- Elm Creek Park Reserve4.73.9 mi
- Clifton E. French Regional Park4.711.8 mi
- Bunker Beach Water Park4.39.1 mi
- Central Park of Maple Grove4.86.4 mi
- Mississippi Gateway Regional Park4.78.5 mi
- Wayzata Yacht Club4.815.6 mi
- MarineMax3.83.4 mi
- Metro Lakes Marina & Rentals LLC.4.519.5 mi
- Your Boat Club Lake Minnetonka Brown's Bay4.816.4 mi
- PropMD4.912.9 mi
- Topgolf Brooklyn Center4.312.1 mi
- National Sports Center4.512.1 mi
- Edinburgh USA4.48.8 mi
- Rush Creek Golf Club4.66.9 mi
- Majestic Oaks Golf Club4.110.8 mi
- Albertville Premium Outlets4.310.5 mi
- Northtown Mall3.911 mi
- Fleet Farm4.37 mi
- Hy-Vee Grocery Store4.47.8 mi
- Hy-Vee Grocery Store4.411.5 mi
- Minneapolis-Saint Paul International Airport4.424.5 mi
- Shoyu3.724.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides scenic views and recreational boating access.
Local community park with sports fields and playgrounds.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).