The story of this market
The typical home in ZIP 55311 sells for about $399,378, or $226 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,911 a month.
ZIP 55311 — Belle Plaine
The housing market in 55311 remains stable with high median household incomes and strong demand for residential property. While national trends show slight price adjustments, the local area benefits from its desirable suburban location and high-quality school districts. Note: Some specific market metrics like active inventory and sales counts are reported at the national level as ZIP-specific data was not available in the provided sources.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with high household incomes, excellent schools, and convenient access to the Twin Cities metro area.
Median prices moved down 2.4% year over year.
Homes spend a median of 57 days on market with 9.6 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 3.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 55311, 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 highly-rated public school districts, reflecting a strong educational environment for families.
The area benefits from proximity to the Minneapolis-St. Paul employment core, with steady residential development and infrastructure investment.
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.
Residents primarily commute to the Minneapolis-St. Paul metro area via major highway corridors, with typical commute times reflecting suburban access.
The area features numerous parks, trails, and proximity to local lakes, providing extensive outdoor recreational opportunities for residents.
The rental market is characterized by high demand and limited vacancy, driven by the area's desirability for families and professionals.
The economy is anchored by the broader Minneapolis-St. Paul-Bloomington metro area, featuring a diverse mix of corporate headquarters, healthcare, and retail sectors.
The area is served by major highway infrastructure connecting to the regional transit network.
Ongoing residential and mixed-use development projects continue to shape the suburban landscape.
Parcels are subject to local school district, county, and municipal tax levies.
Data retrieved from Census Reporter and ACS 5-year 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 Park4.53.6 mi
- Dave & Buster's Edina4.217.5 mi
- Edinborough Park4.618.7 mi
- Dave & Buster's Maple Grove4.13.1 mi
- St. Louis Park Rec Center4.513.7 mi
- U.S. Bank Stadium4.614.5 mi
- Minneapolis Convention Center4.514.1 mi
- Minnesota State Fair4.717.9 mi
- Topgolf Brooklyn Center4.310.1 mi
- The Armory4.714.2 mi
- Emagine Willow Creek4.69.6 mi
- AMC Coon Rapids 164.310.8 mi
- Slick City Action Park4.53.6 mi
- Clifton E. French Regional Park4.76.4 mi
- Park Tavern4.312.8 mi
- Minneapolis Institute of Art4.814.7 mi
- University of Minnesota Landscape Arboretum4.817.9 mi
- Walker Art Center4.513.6 mi
- Historic Stone Arch Bridge4.814.4 mi
- Paisley Park4.817.2 mi
- Elm Creek Park Reserve4.73.4 mi
- Clifton E. French Regional Park4.76.4 mi
- Central Park of Maple Grove4.82.7 mi
- Theodore Wirth Regional Park4.711.3 mi
- Bunker Beach Water Park4.312.3 mi
- Topgolf Brooklyn Center4.310.1 mi
- Edinburgh USA4.47.9 mi
- Rush Creek Golf Club4.61.4 mi
- Brookview Golf Course and Lawn Bowling4.210.3 mi
- Baker National Golf Course4.47.7 mi
- Ridgedale Center4.49.8 mi
- Northtown Mall3.911.2 mi
- Fleet Farm4.34.9 mi
- Hy-Vee Grocery Store4.29.9 mi
- Minneapolis-Saint Paul International Airport4.420.3 mi
- Shoyu3.720.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive network of community parks and walking trails serving the residential population.
Key-figure check: median price diverges 16.8% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $466,400 (16.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $466,400 (+16.8% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.