Is Anoka, MN 55303 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Anoka is a seller’s market. With about 1.7 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score81/ 100

More competitive than 86% of U.S. ZIP codes, and #56 of 296 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list40.1%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$188▲ +1.0% vs. last year

The Anoka housing market right now

In the three months ending August 31, 2026, 40% of homes in Anoka, MN 55303 sold above their list price, the typical home went under contract in 23 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 261 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 37%, homes sold about as fast and the median sale price held steady to $384,833. Overall, Anoka is about as competitive as it was a year ago.

Within Anoka County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Anoka ranks #56 of 296 MN ZIP codes with enough sales (score 81 out of 100).

Nearby, buyers who want less competition could look at Forest Lake 55025 (24% sold over asking) or Minneapolis 55449 (25% sold over asking), while Minneapolis 55434 (50% sold over asking) and Minneapolis 55433 (49% sold over asking) are even more competitive.

Nearby markets

Andover 55304Seller’s market $202 /sq ftBethel 55005Seller’s market $178 /sq ftCedar 55011Seller’s market $208 /sq ftCircle Pines 55014Seller’s market $202 /sq ft Browse all markets →

Where Anoka is

Loading map…

Questions about Anoka real estate

Is Anoka a buyer’s or seller’s market?

A seller’s market: there were 1.7 months of supply in Anoka, MN 55303 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Anoka?

The typical home went under contract in 23 days in the latest three months.

Do homes in Anoka sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Anoka?

About 0.94% of a home’s value a year in Anoka County, or roughly $3,760 on a $400,000 home.

What is the median home price in Anoka?

The median sale price was $384,833 in the three months ending August 31, 2026, about $188 per square foot.

No sponsored agents in 55303 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 55303

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology