The story of this market
The typical home in ZIP 55357 sells for about $491,200, or $235 per square foot.
Prices are up +3.7% from a year ago, so sellers still have some momentum. Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $628 a month.
ZIP 55357 — Greenfield
The housing market in 55357 remains tight with low inventory and steady demand, keeping prices elevated. Growth is supported by the area's appeal to commuters and families, though limited supply continues to constrain sales volume.
This ZIP is well-suited for family buyers and commuters who prioritize a quieter, small-town environment while maintaining access to the broader Twin Cities employment market.
Median prices moved up 3.7% year over year.
Homes spend a median of 46 days on market with 3.2 months of supply — a fast-moving market.
15% 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 0.6% · poverty 6.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55357, 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.
The area is served by local public school districts that generally maintain stable performance ratings consistent with regional averages.
The region faces standard Midwestern climate risks, including seasonal severe storms and winter weather, with flood risks primarily localized near the Crow River tributaries.
Economic momentum is driven by proximity to the Twin Cities metro area, with local development focused on residential expansion and regional trail connectivity.
Property taxes are assessed at the county level based on market value, with rates influenced by local school district levies and municipal service requirements.
Residents typically face a 30-45 minute drive to reach major employment hubs in the western Twin Cities suburbs.
The area features access to the Dakota Rail Regional Trail for cycling and walking, with local parks and small-town amenities within a short drive.
The rental market is characterized by low vacancy rates and limited inventory, with demand supported by families and commuters seeking suburban space.
The local economy is a mix of small-scale commerce and agricultural support, with many residents commuting to the larger Twin Cities metropolitan area for professional employment.
Transportation is primarily auto-dependent, relying on regional county roads for access to major highway corridors leading to the Twin Cities.
Development is currently focused on modest residential infill and maintaining regional trail infrastructure.
The county appraisal district conducts annual assessments based on market value, with property owners having the right to appeal valuations.
Parcels are subject to standard county, municipal, and school district tax levies, with no significant special district overlays reported.
Property insurance premiums are stable, reflecting moderate risk profiles for wind and hail common to the Minnesota region.
Data retrieved from US Census Bureau 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 Park4.512 mi
- Dave & Buster's Maple Grove4.111.5 mi
- St. Louis Park Rec Center4.519.7 mi
- Urban Air Trampoline and Adventure Park3.910.2 mi
- Bunker Beach Water Park4.319.7 mi
- Topgolf Brooklyn Center4.318.5 mi
- Chanhassen Dinner Theatres4.718.3 mi
- Paisley Park4.817.8 mi
- Eden Prairie Community Center4.618.5 mi
- Elm Creek Park Reserve4.711.2 mi
- Slick City Action Park4.512 mi
- Clifton E. French Regional Park4.712.7 mi
- Plymouth Grand 15 & IMAX4.510.9 mi
- Dave & Buster's Maple Grove4.111.5 mi
- Hindu Temple of Minnesota4.87.9 mi
- University of Minnesota Landscape Arboretum4.817.2 mi
- Paisley Park4.817.8 mi
- Big Stone Mini Golf4.812.9 mi
- Hopkins Center For the Arts4.717.6 mi
- Parley Lake Winery4.516.7 mi
- Elm Creek Park Reserve4.711.2 mi
- Clifton E. French Regional Park4.712.7 mi
- Central Park of Maple Grove4.811.2 mi
- Baker Park Reserve4.76.4 mi
- Fish Lake Regional Park4.79.8 mi
- Wayzata Yacht Club4.812.7 mi
- Howard's Point Marina4.614.2 mi
- MarineMax3.87.9 mi
- Metro Lakes Marina & Rentals LLC.4.511.9 mi
- Wayzata Bay Charter Cruises on Lake Minnetonka4.715 mi
- Rush Creek Golf Club4.67.3 mi
- Baker National Golf Course4.46.1 mi
- Links at Northfork Golf Course4.512.6 mi
- Fox Hollow Golf Club4.48.8 mi
- Sundance Entertainment4.29.8 mi
- Albertville Premium Outlets4.39.5 mi
- Hy-Vee Grocery Store4.47.3 mi
- Kohl's4.110.5 mi
- Hy-Vee Grocery Store4.210.4 mi
- Marshalls4.111.7 mi
- Minneapolis-Saint Paul International Airport4.426.9 mi
- Shoyu3.727.1 mi
- Mimosa327 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major east-west bike and pedestrian trail connecting the area to the Twin Cities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.