The story of this market
The typical home in ZIP 55376 sells for about $448,786, or $186 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,483 a month.
ZIP 55376 — St. Michael
The housing market in 55376 is currently experiencing a period of price adjustment with a slight year-over-year decline in median sale prices. Demand remains balanced, supported by the area's appeal to families and its role as a suburban commuter hub for the Twin Cities. Market activity is characterized by moderate days on market and stable sale-to-list ratios.
This ZIP is well-suited for families and commuters seeking suburban living with access to quality schools and larger single-family homes, while maintaining a connection to the Twin Cities employment core.
Median prices moved down 2.4% year over year.
Homes spend a median of 39 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 2.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55376, Wright 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 the St. Michael-Albertville School District, which is generally well-regarded within the region.
The area experiences steady suburban growth as a bedroom community for the Twin Cities, supported by residential development and proximity to regional employment hubs.
Property taxes are assessed at the county level in Wright County; specific district levies and exemptions are determined by local municipal and school district authorities.
Residents primarily commute via I-94 toward the Minneapolis-St. Paul metropolitan area, with typical drive times varying based on traffic congestion.
The area features access to local parks, regional trails, and proximity to the Crow River, with suburban shopping and dining options concentrated along the main commercial corridors.
The rental market is characterized by suburban demand, with limited multi-family inventory compared to single-family housing stock.
The local economy is driven by a mix of retail, services, and light industrial sectors, with many residents commuting to the broader Twin Cities region for employment.
Parcels are subject to levies from Wright County, the City of St. Michael, and the St. Michael-Albertville School District.
Data sourced from US Census Bureau and IncomeByZipCode.
Provides local recreational opportunities and natural scenery.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.