The story of this market
The typical home in ZIP 55448 sells for about $315,900, or $182 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,740 a month.
ZIP 55448 — Coon Rapids
The housing market in 55448 remains stable with steady demand and limited inventory, keeping prices firm. Buyers are navigating a competitive environment, though the pace of price appreciation has moderated compared to previous years.
This ZIP is ideal for family buyers and commuters who prioritize suburban space and access to regional parks while maintaining a reasonable drive to the Twin Cities employment core.
Median prices moved up 3.2% year over year.
Homes spend a median of 34 days on market with 2.3 months of supply — a fast-moving market.
19% 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 4.4% · poverty 5.2% — 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 6.2%/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 55448, 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 Coon Rapids area are generally considered lower than the national average, with property crime being the primary concern in suburban residential pockets.
The area is served by the Anoka-Hennepin School District, which is characterized by a large, diverse student population and a mix of highly-rated and average-performing schools.
The region faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with localized flood risks managed by municipal storm-water infrastructure.
Economic momentum is driven by proximity to the Minneapolis-St. Paul employment core and local retail corridors along Highway 10, with steady residential infill development.
Property taxes are assessed at the county level by Anoka County, with rates determined by local school district levies and municipal budgets; homestead exemptions are available for primary residences.
Residents primarily commute via Highway 10 and Highway 610, providing direct access to the Minneapolis-St. Paul metropolitan employment hubs.
The area features extensive access to the Mississippi River regional trails, numerous community parks, and proximity to Bunker Hills Regional Park and golf course.
The rental market is characterized by moderate vacancy pressure and steady demand from families and commuters seeking suburban housing options.
The local economy is supported by a mix of retail, healthcare, and manufacturing, with many residents commuting to the broader Minneapolis-St. Paul MSA.
Transportation is heavily reliant on personal vehicles, with major highway corridors providing the primary link to the regional transit network.
Development is focused on residential infill and the revitalization of commercial corridors along major thoroughfares.
Anoka County Assessor manages property valuations, utilizing a mass appraisal system to determine market value for tax purposes.
Parcels are subject to Anoka-Hennepin School District levies and various municipal utility and watershed district assessments.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk common in the Upper Midwest.
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.
Large regional park featuring trails, camping, and a water park.
Highly-rated public golf course serving the northern metro area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.