The story of this market
The typical home in ZIP 55045 sells for about $397,912, or $178 per square foot.
Prices are up +3.9% from a year ago, so sellers still have some momentum. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,327 a month.
ZIP 55045 — Lindstrom
The housing market in 55045 remains stable with a median home value of approximately $401,571, reflecting a 2.4% year-over-year increase. Low inventory and steady demand for lakefront properties continue to support price growth in this exurban community. The area maintains a high owner-occupancy rate and strong household income levels, driving consistent market activity.
This ZIP is well-suited for family buyers and commuters seeking a suburban or exurban lifestyle with access to lakefront amenities and a high median household income.
Median prices moved up 3.9% year over year.
Homes spend a median of 49 days on market with 1.1 months of supply — a fast-moving market.
0% 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 3.5% · poverty 4.0% — 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 6.1%/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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55045, Chisago County MN
The area is served by the Chisago Lakes School District, which is generally regarded as a stable suburban district for the region.
The area is characterized by relatively low climate risk, though property insurance remains subject to regional weather patterns in Minnesota.
The area functions as a residential exurb of the Twin Cities with steady development momentum focused on lakefront and single-family residential expansion.
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 rely on personal vehicles for commuting, with a typical drive toward the Minneapolis-St. Paul employment core.
The ZIP features significant lakefront access, including Chisago Lake and North Center Lake, with various local parks and trails serving the community.
The rental market is limited, with a focus on single-family rentals and small-scale multi-family units; vacancy pressure is generally low.
The local economy is driven by small businesses, retail, and services, with many residents commuting to the broader Minneapolis-St. Paul metropolitan area.
Transportation is dominated by highway corridors connecting the area to the Twin Cities; public transit options are limited.
Development is primarily focused on residential infill and expansion of existing lakefront communities.
Chisago County Assessor manages property valuations based on market value assessments.
Parcels are subject to Chisago Lakes School District and county-level taxing authorities.
Property insurance premiums are influenced by regional weather risks, including wind and storm exposure common in Minnesota.
Data retrieved from US Census Bureau ACS profiles for ZCTA 55045.
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. Source: NCES EDGE public school locations 2023-24.
A major recreational lake providing boating, fishing, and scenic views.
Popular for water-based recreation and residential lakefront living.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.