The story of this market
The typical home in ZIP 55433 sells for about $329,000, or $185 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,433 a month.
ZIP 55433 — Coon Rapids
The 55433 housing market remains stable with modest price appreciation and balanced inventory levels. While the area faces economic pressure typical of mature suburbs, it continues to attract family buyers looking for value relative to the broader Twin Cities market.
This ZIP is well-suited for family buyers and local workers seeking more affordable suburban housing compared to the inner-ring suburbs, though it requires careful due diligence for investors.
Median prices moved up 3.3% year over year.
Homes spend a median of 40 days on market with 3.0 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 10.8% — 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 6.6%/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 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55433, 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.
Schools in the area are part of the Anoka-Hennepin School District, which serves a large suburban population with varying performance metrics across individual campuses.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather, with typical insurance coverage requirements for these hazards.
The area is a mature suburban market with limited new land for large-scale development, focusing primarily on infill and redevelopment projects within the Coon Rapids corridor.
Property taxes are assessed at the county level by Anoka County, with rates determined by local school district levies, city municipal budgets, and state-mandated property tax formulas.
Residents primarily commute via Highway 10 and 610, providing access to the Minneapolis-St. Paul employment core, with average commute times reflecting typical suburban traffic patterns.
The area features access to the Mississippi River regional trails, Bunker Hills Regional Park, and various local community parks and golf courses within a short drive.
The rental market is characterized by steady demand from local workers, though investors face pressure from rising operating costs and a need for careful underwriting due to historical delinquency patterns.
The local economy is driven by a mix of retail, healthcare, and light manufacturing, with many residents commuting to the broader Twin Cities metropolitan area for employment.
The area is served by a network of state highways and local arterial roads, with limited public transit options compared to the urban core.
Development is focused on the revitalization of existing commercial nodes and the maintenance of established residential neighborhoods.
Anoka County Assessor manages property valuations, utilizing mass appraisal techniques to determine market value for tax purposes.
Parcels are subject to Anoka-Hennepin School District levies and various local municipal utility and drainage district assessments.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk, which are common in the Twin Cities metro area.
Data retrieved from US Census Bureau 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.
Large regional park with trails, water park, and golf course.
Provides extensive riverfront access and recreational trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.