The story of this market
The typical home in ZIP 55435 sells for about $204,939, or $255 per square foot.
Prices are down 22.5% from a year ago, which gives buyers more room to negotiate. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $1,816 a month.
ZIP 55435 — Bloomington
The 55435 housing market is currently experiencing a significant correction with median prices down 22.5% year-over-year. Market activity is characterized by longer days on market and a high volume of condo/co-op inventory, which influences the lower median price point compared to broader regional averages. Several metrics including rent, tax rates, and specific demographic breakdowns are not currently published at the ZIP level.
Median prices moved down 22.5% year over year.
Homes spend a median of 60 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 10.0% — a stable, low-distress profile.
ZCTA 55435, 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.
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.
Data retrieved from Census Bureau ZCTA-level tables
- Mall of America®4.64.6 mi
- Valleyfair4.27.7 mi
- Great Wolf Lodge | Minnesota3.94.2 mi
- Nickelodeon Universe4.54.7 mi
- Slick City Action Park4.515.8 mi
- U.S. Bank Stadium4.67.9 mi
- Grand Casino Arena4.612.4 mi
- Minneapolis Convention Center4.57.4 mi
- Minnesota State Fair4.710.8 mi
- Topgolf Brooklyn Center4.313.9 mi
- Mall of America®4.64.6 mi
- U.S. Bank Stadium4.67.9 mi
- Minnesota Zoo4.69.9 mi
- Como Park Zoo & Conservatory4.711.6 mi
- Valleyfair4.27.7 mi
- Minneapolis Institute of Art4.86.7 mi
- Science Museum of Minnesota4.612.5 mi
- University of Minnesota Landscape Arboretum4.813.8 mi
- Union Depot4.513.2 mi
- Walker Art Center4.57 mi
- Como Park Zoo & Conservatory4.711.6 mi
- Minneapolis Sculpture Garden4.77.1 mi
- Centennial Lakes Park4.70.5 mi
- Lake Harriet Regional Park4.84.1 mi
- Boom Island Park4.78.9 mi
- The Minikahda Club4.45 mi
- Puttery4.78.2 mi
- Braemar Golf Course4.42.5 mi
- Brookview Golf Course and Lawn Bowling4.27.6 mi
- Hiawatha Golf Course3.85.5 mi
- Mall of America®4.64.6 mi
- Twin Cities Premium Outlets4.57 mi
- Rosedale Center4.312.5 mi
- Ridgedale Center4.48.3 mi
- Karmel Mall4.15.9 mi
- Minneapolis-Saint Paul International Airport4.45.9 mi
- Shoyu3.76 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).