ZIP 55359 Housing Market & Real Estate Update (Maple Plain/Minnetrista, MN) — February 23, 2026
55359 – February 23, 2026 – ZIP 55359 (Maple Plain/Minnetrista, MN): Redfin Jan median sold $922.5K; Realtor shows 16 for sale, ~93 DOM; 30-yr 6.01%.
ZIP 55359 covers the Maple Plain post office area in Hennepin County, Minnesota (acceptable mailing cities include Independence, Minnetrista, and Orono). Today’s read: this is still a high-end, low-turnover market, and small changes in inventory can swing prices quickly.
Top takeaways
- Prices are still elevated: Redfin’s January 2026 median sold price for 55359 was $922,500 (+12.5% year over year).
- Inventory looks limited: Realtor.com’s ZIP dashboard shows 16 homes listed for sale and 5 rentals available.
- Time-to-sell remains slower than many metro ZIPs: Realtor.com shows a median of 93 days on market (historical data through late 2025).
- Rates help or hurt quickly at this price point: Freddie Mac’s weekly average 30-year fixed rate was 6.01% as of Feb. 19, 2026 (15-year: 5.35%).
Market snapshot (last 30 days of published data)
Redfin’s ZIP-level trends for 55359 point to continued strength on closed sales in January, with the median sold price landing at $922,500. In a ZIP where many listings are larger homes and acreage properties, the median can move a lot month to month depending on which properties actually close.
On the Realtor.com side, the 55359 market page shows a higher median sale price and characterizes the area as buyer-leaning in its most recent reporting period, with homes selling for about 97% of asking on average. Taken together, the signal is: sellers can still do well, but pricing and presentation matter more than they did in the peak frenzy.
What’s for sale nearby (no addresses)
Scrolling the public search pages on Redfin and Realtor.com today, the active mix in 55359 generally clusters into three buckets:
- Move-in ready single-family homes (often 3–5 bedrooms) where condition and school/district fit drive showings.
- Luxury and lake/acreage listings where lot size, outbuildings, and shoreline or privacy can dominate value more than finishes.
- Lower-maintenance options (townhome/condo-style) that can appeal to downsizers or buyers trying to stay in-district.
If you are shopping, consider tracking days on market and price reductions rather than just list price: in a small ZIP, those two signals can tell you when leverage is shifting.
ServiceXTC local pro availability
We were not able to confirm ZIP 55359-specific ServiceXTC provider pages in today’s quick pull. If you are a local home inspector, roofer, HVAC tech, plumber, electrician, mover, or remodeler serving 55359, adding your listing helps residents plan repairs and pre-sale prep ahead of the spring rush.
What are you seeing right now in 55359 — more new listings, more price cuts, or buyers waiting for lower rates?
Sources
https://www.unitedstateszipcodes.org/55359/
https://www.redfin.com/zipcode/55359
https://www.realtor.com/local/market/minnesota/zipcode-55359
https://www.realtor.com/realestateandhomes-search/55359
https://www.freddiemac.com/pmms