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Sarah Mitchell
Compass Real Estate · ZIP 55068
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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55068 ZIP Code Housing Market
$423,000median sale price
What is the 55068 housing market like right now?
The median home sale price in ZIP code 55068 is $423,000, up 3.6% year-over-year. Homes sell in an average of 53 days with 142 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 55068 ZIP code a buyer's or seller's market?
ZIP code 55068 is currently a leaning buyer's and homes selling in about 53 days. How we determine this →
What are the latest 55068 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $423,000 |
| Median list price | $400,000 |
| Year-over-year price change | +3.6% |
| Average days on market | 53 days |
| Active inventory | 142 listings |
| Sale-to-list price ratio | 100.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 55068 zip code, located in Rosemount, MN, is currently classified as a leaning buyer's. The median sale price stands at $423,000, representing a +3.6% change year over year. Homes in this area spend an average of 53 days on the market before going under contract. There are currently 142 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 55068 sits in the Rosemount, MN area, roughly 0.8 miles from downtown Rosemount. Because home prices are set street by street, this ZIP can move differently from Rosemount's citywide averages. The figures below reflect 55068 specifically — drawn from Redfin transactions, U.S. Census data for its 33,119 residents, and Zillow value estimates.
Homes sold
155
Last 12 weeks
Days on market
53
Average pace
Active listings
142
Sale-to-list
100.0%
Below asking
What is driving the 55068 housing market?
The 55068 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 100.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 55068 have increased +3.6% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 55068 stands at $415,784, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,978 per month. This gives a price-to-rent ratio of approximately 17.5, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 55068?
Population
33,119
Median income
$127,798/yr
Median age
38.7 years
Owner-occupied
87.0%
College grads
48.1%
Avg commute
31.55 min
What is it like living in 55068?
Zip code 55068 is home to approximately 33,119 residents. The median household income is $127,798 per year, which shapes the types of homes and amenities available in the area. With a median age of 38.7 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 87.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 48.1% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 31.55 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 55068.
Which public schools serve ZIP 55068?
17 schools tracked · 6,044 students
The largest public schools serving ZIP code 55068 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ROSEMOUNT SENIOR HIGH
Grades 9-12 · 2,380 students
ROSEMOUNT MIDDLE
Grades 6-8 · 1,187 students
ROSEMOUNT ELEMENTARY
Grades K-5 · 766 students
PARKVIEW ELEMENTARY
Grades K-5 · 701 students
SHANNON PARK ELEMENTARY
Grades K-5 · 523 students
196Online High School
Grades 9-12 · 111 students
917 DCALS Main
Grades 8-12 · 108 students
917 SUN
Grades K-12 · 88 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 55068
What is the median home price in 55068?
The current median sale price in 55068 is $423,000, based on recent Redfin transaction data. Prices have changed +3.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 55068 a buyer's or seller's market?
The 55068 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 55068?
Zip code 55068 has a population of approximately 33,119 residents. The median household income is $127,798 per year. About 87.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 55068?
Properties Incorporated provides comprehensive data for 55068 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 55068 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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