The story of this market
The typical home in ZIP 55303 sells for about $354,900, or $205 per square foot.
Prices are down 1.14% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,434 a month.
ZIP 55303 — Anoka
The housing market in 55303 is showing signs of stabilization with a slight year-over-year price softening, reflecting broader regional trends. Demand remains steady, supported by a strong local employment base and relative affordability compared to the urban core. Inventory levels are sufficient to meet current buyer interest, leading to a balanced market environment.
This ZIP code is well-suited for family buyers and commuters seeking a balance between suburban space and access to the Twin Cities, offering a mix of historic housing and newer developments.
Median prices moved down 1.1% year over year.
Homes spend a median of 35 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 5.4% — 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 6.5%/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 55303, 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.
Crime rates in the Anoka area are generally considered moderate, with property crime being the primary concern compared to violent crime. The area tracks closely with regional averages for suburban Twin Cities communities.
Schools serving the 55303 ZIP code are primarily part of the Anoka-Hennepin School District, which is one of the largest in Minnesota and generally maintains a stable reputation for academic programming and extracurricular offerings.
The area faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with localized flood risks near the Rum and Mississippi Rivers. Property insurance premiums are influenced by these regional weather patterns.
Economic momentum is driven by a mix of local retail, healthcare, and manufacturing, with proximity to the Twin Cities employment core supporting steady demand. Infrastructure improvements continue to focus on regional highway connectivity.
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 typically commute via US-10 or MN-47 toward the Minneapolis-St. Paul metropolitan area, with average commute times reflecting a suburban-to-urban travel pattern.
The area features extensive access to the Rum River, numerous community parks, and local golf courses, with shopping and dining concentrated in the historic downtown Anoka and along major commercial corridors.
The rental market shows moderate vacancy pressure with a trajectory that has softened slightly year-over-year, reflecting a balance between supply and demand in the suburban rental segment.
The local economy is anchored by healthcare, education, and government services, with significant employment provided by the Anoka-Hennepin School District and local manufacturing firms.
Transportation is primarily highway-dependent, with US-10 and MN-47 serving as the main arteries for regional transit and commuting.
Development planning focuses on sustainable growth and the revitalization of older commercial corridors to support the increasing population.
The Anoka County Assessor's office manages property valuations, utilizing mass appraisal techniques to ensure equitable tax distribution across the county.
Parcels are subject to various special districts, including the Anoka-Hennepin School District and local watershed management organizations.
Property insurance remains stable, though premiums are sensitive to regional weather risks such as wind and hail damage common in Minnesota.
Minnesota has seen modest net domestic migration, with suburban areas like Anoka County attracting families from the urban core.
Minnesota is a judicial foreclosure state, requiring court involvement for the foreclosure process, which provides specific notice and redemption rights to homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property, including known material defects.
Data retrieved from data.census.gov ZCTA-level 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.
A scenic trail system offering recreational access along the river.
A historic district featuring local boutiques, restaurants, and community events.
A public golf course serving the local community.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).