The story of this market
The typical home in ZIP 55070 sells for about $359,450, or $192 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,204 a month.
ZIP 55070 — St. Francis
The 55070 housing market shows steady appreciation and moderate inventory levels, reflecting a balanced environment for buyers and sellers. Growth is driven by exurban demand and new construction, though affordability remains a key factor for local residents.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with more space and affordability than the immediate Minneapolis core, while still maintaining access to regional employment.
Median prices moved up 7.3% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% 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 2.4% · poverty 6.7% — 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 6.9%/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 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55070, Anoka 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.
Saint Francis generally reports lower crime rates compared to the broader Minneapolis-St. Paul metropolitan area, maintaining a suburban safety profile.
The area is primarily served by the St. Francis Independent School District, which is generally regarded as providing stable educational outcomes for the local community.
The region faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risks primarily localized to specific low-lying areas near the Rum River.
Development momentum is driven by residential expansion and proximity to the northern Twin Cities exurbs, with infrastructure improvements focused on supporting commuter traffic.
Property taxes are assessed by Anoka County based on market value, with rates influenced by local school district levies and municipal service requirements.
Commuters typically rely on Highway 47 for access to the northern Twin Cities employment hubs, with average commute times reflecting the exurban distance.
The area features access to the Rum River for water activities, local community parks, and proximity to regional trail systems for outdoor recreation.
The rental market is characterized by limited inventory and steady demand, with rents largely influenced by regional fair-market estimates.
The local economy is supported by a mix of local services, retail, and a significant portion of the workforce commuting to the broader Minneapolis-St. Paul metro area.
Transportation is primarily automobile-dependent, with Highway 47 serving as the main arterial corridor for regional connectivity.
Planning efforts are focused on managing residential growth while preserving the semi-rural character of the northern Anoka County landscape.
Anoka County utilizes a mass appraisal system to determine property values for tax purposes, updated annually based on market sales data.
Parcels are subject to school district levies, county taxes, and local municipal assessments for infrastructure and public services.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common in central Minnesota.
Data retrieved from US Census Bureau ZCTA profiles and local market aggregators.
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.
Provides recreational opportunities including fishing, kayaking, and scenic views.
Central community space for local events and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.