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Zip Code 55432

Fridley, MN • Anoka County

Real Estate Market Analysis

Q3 2025 Report
$322,888 (up 1.4% YoY)
Median Home Value
~32,000 (est.)
Population
$62,000 (est.)
Median Income
Above average (GreatSchools: 6-7/10)
School District Rating

Market Statistics

Property Values

$322,888 (up 1.4% YoY)
Median Home Value
$1,295 (2bd, 1ba, 865 sqft)
Median Rent
~$373/sqft (based on sample listing)
Price per Sq Ft

Market Performance

Home Appreciation1.4% YoY (as of May 2025)
Market VelocityHomes go pending in ~10 days; 109 homes for sale in June 2025 (+31.3% MoM)
Foreclosure RateLow (no spike reported in 2025)

Area Information

Area Size~10 sq mi
CountyAnoka
Primary CityFridley

Housing Profile

Housing Statistics

Total Housing Units~8,000 (est.)
Owner Occupied~60% (est.)
Rental Properties~40% (est.)
Vacant UnitsRising slightly with inventory (+31.3% MoM)
New ConstructionLimited new builds; most stock mid-century to 1980s

Housing Types

Single-family homesTownhomesSmall multifamilyApartments

Demographics

~32,000 (est.)
Population
36
Median Age
$62,000 (est.)
Median Income
~96% (unemployment ~4%)
Employment Rate
High school grad+: 90%; Bachelor's+: 28%
Education Levels
Mix of families, singles, and retirees
Family Composition

Education Quality

School District Performance

Above average (GreatSchools: 6-7/10)
District Rating
School DistrictFridley Public School District (ISD 14)
Test ScoresSlightly above state average
Graduation Rates~88%

Schools in Area

  • Fridley High School
  • Fridley Middle School
  • Hayes Elementary
  • R. L. Stevenson Elementary

Economic Factors

Employment & Business

Job GrowthStable, moderate growth (1-2% annually)
Unemployment Rate~4%
Business EnvironmentDiverse mix of industrial, healthcare, retail
Commercial ActivityActive along Central Ave and University Ave

Major Employers

  • Medtronic
  • BNSF Railway
  • Target (distribution)
  • Fridley School District

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • Highway 65
  • • I-694
  • • Metro Transit bus lines
  • • Northstar Commuter Rail (nearby)

Utilities & Services

  • • Xcel Energy
  • • CenterPoint Energy
  • • City water/sewer

Quality of Life

Safety & Environment

Moderate; property crime slightly above state average, violent crime below metro average

Good; air/water quality meets standards

Healthcare Access

  • • Mercy Hospital
  • • Allina Health clinics
  • • Fairview clinics

Development Trends

Planned Developments

  • Mixed-use redevelopment near Central Ave
  • Senior housing projects

Infrastructure Projects

  • • Road resurfacing (2025-2026)
  • • Sidewalk/bike lane expansions

Investment Outlook

Growth Outlook

Stable, slow growth; focus on infill and redevelopment

Investment Opportunities

  • • Value-add multifamily
  • • Starter homes for first-time buyers

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Young families
  • Investors (rental demand)
  • Downsizers

Competitive Advantages

  • Lower prices than core Minneapolis
  • Quick access to downtown
  • Strong rental demand

Pricing Strategies

Competitive pricing just below Minneapolis median; incentives for quick close

Common Objections & Response Strategies

Objection: Older housing stock

Response Strategy:

Highlight recent renovations and value pricing

Objection: Perceived higher property crime

Response Strategy:

Provide local crime trend data and neighborhood watch info

Objection: School quality concerns

Response Strategy:

Share district ratings and extracurricular offerings

Objection: Limited new construction

Response Strategy:

Emphasize charm, mature neighborhoods, and ongoing redevelopment

Professional Recommendations

1

Price listings competitively due to rising inventory.

2

Stage and update homes to stand out from older stock.

3

Target marketing to first-time buyers and investors.

4

Leverage local school and park amenities in listings.

5

Monitor new listings and price reductions closely for buyer clients.

Competitive Analysis

Comparable Markets

  • Brooklyn Center (55429)
  • Columbia Heights (55421)
  • Coon Rapids (55433)

Market Positioning

Affordable, accessible alternative to Minneapolis

Competitive Advantages

  • Lower entry prices
  • Better transit access than some suburbs
  • Diverse housing stock

Price Comparison

~$25,000 below Minneapolis median home price

Investment Metrics

5.5-6.5% (multifamily, 2025 est.)
Cap Rates
~6% gross yield
Rental Yields
~17-18
Price-to-Rent
Positive for well-managed rentals; strong demand for 2-3 bed units
Cash Flow
1-2% annually (2025-2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

Many affordable options; down payment assistance available; fast-moving market—be pre-approved.

Move-Up Buyers

Can find larger homes at a discount to Minneapolis; consider homes needing cosmetic updates.

Downsizers

Townhomes and smaller single-family homes available; low-maintenance options growing.

Investors

Strong rental demand, especially for updated units; value-add opportunities in older stock.

Relocators

Easy commute to Minneapolis; highlight transit and suburban amenities.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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