Updated May 2026 · Redfin · 3-month window
55340 Real Estate Market Update: Hamel, MN, May 2026
The latest housing-market numbers for ZIP code 55340 in Hamel, Minnesota, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $711K | ▲ +5.6% | ▲ +11.6% |
| Days on market | 55 | ▼ -36.4% | • 0.0% |
| Homes for sale | 83 | ▼ -17.0% | • 0.0% |
| Sale-to-list | 98.0% | ▲ +0.1% | ▼ -0.2% |
| Homes sold | 71 | ▲ +22.4% | ▼ -30.4% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 55340 numbers say
Prices in Hamel's 55340 ZIP are still climbing. The median sale price reached $711,105, up 11.6% year over year. The market has loosened: a typical listing now takes around 55 days to go under contract, with sellers getting 98.0% of list price.
Based on 71 recent sales, 55340 is currently an active market.
What this means if you sell in 55340
Use these figures to set expectations early. Lead a listing appointment with the median price and the 55-day pace, show the year-over-year direction, and frame 55340 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Hamel post →Frequently asked: the 55340 housing market
- What is the median home price in ZIP 55340 (Hamel, MN)?
- As of May 2026, the median sale price in ZIP 55340 is $711,105 (+11.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 55340 a buyer's or seller's market right now?
- ZIP 55340 is currently an active market, based on a 98.0% sale-to-list ratio, about 55 days on market for May 2026.
- How long do homes take to sell in ZIP 55340?
- A typical listing in 55340 goes under contract in about 55 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 55340 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.