The story of this market
The typical home in ZIP 55121 sells for about $435,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,723 a month.
ZIP 55121 — Eagan
The housing market in 55121 remains stable with moderate price appreciation and consistent demand. Low inventory levels continue to support pricing, though buyers are increasingly sensitive to interest rates, leading to a balanced market environment.
This ZIP is ideal for families and professionals seeking a balance between suburban tranquility and proximity to major employment centers. It attracts those who value high-quality schools, extensive park systems, and a stable, well-maintained housing stock.
Median prices moved up 2.4% year over year.
Homes spend a median of 28 days on market with 3.1 months of supply — a fast-moving market.
18% 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 2.0% · poverty 6.0% — 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 5.7%/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 5.3%/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 55121, Dakota 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.
Eagan generally maintains a lower crime rate compared to the broader Twin Cities metropolitan area, with property crime being the primary concern. Local law enforcement reports stable trends in public safety.
The area is served by highly-rated public schools within Independent School District 196, which is consistently recognized for strong academic performance and college readiness.
The region faces standard Midwestern climate risks, including severe thunderstorms and occasional winter weather impacts; flood risk is generally low, though localized areas near the Minnesota River valley require standard insurance coverage.
Eagan serves as a major employment hub with significant corporate presence, including the headquarters of Blue Cross Blue Shield of Minnesota and various logistics centers. Infrastructure remains robust with ongoing maintenance of major highway corridors like I-35E and I-494.
Property taxes are determined by the Dakota County assessor based on market value, with rates influenced by local school district levies and municipal budgets. Minnesota does not have a state-level property tax, but local jurisdictions utilize a complex system of tax capacity rates.
Residents benefit from a central location with efficient access to both downtown Minneapolis and St. Paul via I-35E and I-494, typically resulting in a 20-30 minute commute.
The ZIP features extensive access to the Lebanon Hills Regional Park, numerous neighborhood trails, and proximity to the Minnesota Valley National Wildlife Refuge. Shopping and dining are concentrated along the Cliff Road and Pilot Knob Road corridors.
The rental market is characterized by high demand for townhomes and single-family rentals, with a vacancy rate estimated at approximately 3.5%. Rent growth has remained steady, supported by the area's strong employment base.
The economy is anchored by corporate headquarters, healthcare, and logistics, with a strong presence of professional services. The area benefits from its strategic location between the two major Twin Cities employment cores.
The area is heavily reliant on private vehicle transit, though it is served by regional bus routes connecting to the METRO transit system. Major highway access is the primary driver of regional connectivity.
Development is focused on infill projects and the modernization of existing commercial corridors to support higher density and mixed-use functionality.
The Dakota County Assessor's office conducts annual market value assessments based on sales data and property inspections to ensure equitable taxation.
Parcels are subject to Independent School District 196 levies and various municipal utility districts for water and sewer services.
Property insurance premiums are stable but reflect regional risks associated with severe weather events, including wind and hail damage common in Minnesota.
Data retrieved from data.census.gov using ZCTA 55121 profile.
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.
- Mall of America®4.64.4 mi
- Valleyfair4.215 mi
- Great Wolf Lodge | Minnesota3.94.9 mi
- Nickelodeon Universe4.54.4 mi
- Edinborough Park4.68.3 mi
- U.S. Bank Stadium4.610 mi
- Grand Casino Arena4.67.1 mi
- Minneapolis Convention Center4.510.2 mi
- Minnesota State Fair4.78.9 mi
- Topgolf Brooklyn Center4.316.7 mi
- Mall of America®4.64.4 mi
- U.S. Bank Stadium4.610 mi
- Como Park Zoo & Conservatory4.79.1 mi
- Minnesota Zoo4.66 mi
- Minneapolis Institute of Art4.89.6 mi
- Minneapolis Institute of Art4.89.6 mi
- Science Museum of Minnesota4.67 mi
- Union Depot4.57.5 mi
- Walker Art Center4.510.6 mi
- Minnesota State Capitol4.77.7 mi
- Como Park Zoo & Conservatory4.79.1 mi
- Minneapolis Sculpture Garden4.710.7 mi
- Centennial Lakes Park4.78.6 mi
- Lake Harriet Regional Park4.89.3 mi
- Boom Island Park4.711.4 mi
- Pool and Yacht Club4.74 mi
- Watergate Marina4.53.3 mi
- The Minikahda Club4.410.5 mi
- Puttery4.710.8 mi
- Braemar Golf Course4.411.4 mi
- Emerald Greens Golf Course412 mi
- Hiawatha Golf Course3.86.7 mi
- Mall of America®4.64.4 mi
- Twin Cities Premium Outlets4.53.8 mi
- Rosedale Center4.311.3 mi
- Karmel Mall4.19.4 mi
- Southdale Center4.28.7 mi
- Minneapolis-Saint Paul International Airport4.43.9 mi
- Shoyu3.73.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A massive regional park offering hiking, biking, swimming, and winter sports.
Protected land along the Minnesota River providing extensive wildlife viewing and trails.
Major regional shopping destination located nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.