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Sarah Mitchell
Compass Real Estate · ZIP 55446
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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55446 ZIP Code Housing Market
$565,000median sale price
What is the 55446 housing market like right now?
The median home sale price in ZIP code 55446 is $565,000, down 5.9% year-over-year. Homes sell in an average of 25 days with 87 active listings. The market is currently a balanced market. (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 55446 ZIP code a buyer's or seller's market?
ZIP code 55446 is currently a balanced market and homes selling in about 25 days. How we determine this →
What are the latest 55446 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $565,000 |
| Median list price | $599,900 |
| Year-over-year price change | -5.9% |
| Average days on market | 25 days |
| Active inventory | 87 listings |
| Sale-to-list price ratio | 99.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 55446 zip code, located in Plymouth, MN, is currently classified as a balanced market. The median sale price stands at $565,000, representing a -5.9% change year over year. Homes in this area spend an average of 25 days on the market before going under contract. There are currently 87 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 55446 sits in the Plymouth, MN area, roughly 1.7 miles from downtown Plymouth. Because home prices are set street by street, this ZIP can move differently from Plymouth's citywide averages. The figures below reflect 55446 specifically — drawn from Redfin transactions, U.S. Census data for its 28,247 residents, and Zillow value estimates.
Homes sold
105
Last 12 weeks
Days on market
25
Average pace
Active listings
87
Sale-to-list
99.4%
Below asking
What is driving the 55446 housing market?
The 55446 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 99.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 55446 have declined -5.9% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 55446 stands at $629,522, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,247 per month. This gives a price-to-rent ratio of approximately 23.3, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 55446?
Population
28,247
Median income
$170,625/yr
Median age
38.3 years
Owner-occupied
82.6%
College grads
75.1%
Avg commute
19.55 min
What is it like living in 55446?
Zip code 55446 is home to approximately 28,247 residents. The median household income is $170,625 per year, which shapes the types of homes and amenities available in the area. With a median age of 38.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 82.6% 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 75.1% 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 19.55 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 55446.
Which public schools serve ZIP 55446?
10 schools tracked · 7,303 students
The largest public schools serving ZIP code 55446 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.
WAYZATA HIGH
Grades 9-12 · 3,548 students
North Woods Elementary School
Grades PK-5 · 809 students
GREENWOOD ELEMENTARY
Grades K-5 · 805 students
Meadow Ridge Elementary School
Grades K-5 · 757 students
PLYMOUTH CREEK ELEMENTARY
Grades K-5 · 657 students
KIMBERLY LANE ELEMENTARY
Grades K-5 · 531 students
THE ALTERNATIVE PROGRAM (TAP)
Grades 9-12 · 160 students
Wayzata Transition School
Grades 12 · 36 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 55446
What is the median home price in 55446?
The current median sale price in 55446 is $565,000, based on recent Redfin transaction data. Prices have changed -5.9% 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 55446 a buyer's or seller's market?
The 55446 zip code is currently classified as a balanced market. 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 55446?
Zip code 55446 has a population of approximately 28,247 residents. The median household income is $170,625 per year. About 82.6% 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 55446?
Properties Incorporated provides comprehensive data for 55446 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 55446 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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