Fridley Real Estate Market Extends Downward Trend in Home Sales

Despite a 4.2% growth in sales numbers this week to reach 25 homes sold over the last 30 days, the Fridley market still shows a confirmed trend downward overall. As sales trended lower, the median sales price went in the opposite direction, trending up for four weeks to $194,000. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that Fridley is a seller's market.

If you are curious about the top homes in Fridley, check out these gorgeous listings:

$365K   $344K   $334K  

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Demographic facts for Fridley:

  • This area has a median house value of $131,800.
  • The area gets an average of 122 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 5.4%.
  • There are 16.3 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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Realty Connect, Llc
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