The story of this market
The typical home in ZIP 55434 sells for about $414,900, or $200 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,733 a month.
ZIP 55434 — Blaine
The housing market in 55434 remains stable with competitive pricing for well-maintained suburban homes. Inventory levels are balanced, and while price growth has moderated compared to previous years, demand remains consistent among local buyers.
This ZIP is well-suited for family buyers and commuters who prioritize suburban space and access to regional amenities over the density of the Minneapolis urban core.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 36 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 9.4% — 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 6.8%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55434, 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 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 Anoka County.
Schools serving the area are part of the Spring Lake Park and Anoka-Hennepin school districts, which generally maintain solid academic performance ratings and diverse extracurricular offerings.
The area faces standard Midwestern climate risks, primarily severe thunderstorms and occasional high winds. Flood risk is generally low, though localized drainage management is a standard municipal priority.
The area benefits from proximity to major Twin Cities employment hubs and ongoing suburban residential development. Infrastructure investment remains focused on maintaining arterial road capacity to support commuter traffic.
Property taxes are determined by the Anoka County assessor based on market value, with rates influenced by local school district levies and municipal budgets. No specific special district surcharges are widely reported for this ZIP.
Residents primarily commute via Highway 65 or I-35W toward downtown Minneapolis, with average commute times reflecting typical suburban traffic patterns.
The area features several local parks and green spaces, with proximity to the National Sports Center in neighboring Blaine and various retail shopping centers along the Highway 65 corridor.
The rental market is characterized by moderate vacancy pressure and consistent demand from families and commuters seeking suburban alternatives to the urban core.
The local economy is anchored by retail, healthcare, and light industrial sectors, with many residents commuting to the broader Minneapolis-St. Paul metropolitan area.
Transportation is heavily reliant on private vehicles, with major corridors including Highway 65 and nearby I-35W providing access to the regional employment core.
Development is focused on residential infill and the modernization of existing commercial retail centers along major thoroughfares.
Anoka County utilizes a mass appraisal system to determine property values, with assessments conducted annually to reflect market conditions.
Parcels are subject to standard municipal, county, and school district tax levies, with no significant special assessment districts reported.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk, which are standard for the Twin Cities metro area.
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 major regional facility hosting soccer and various athletic events.
A primary retail hub serving the surrounding suburban communities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.