Housing Prices in 56063, MN

How much do homes in 56063, MN cost?

Median List Price

$342,000

$208/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$47,900(-12.3%)

Key Takeaway

The list price of homes in 56063 has decreased by 12.3% since last year.

Summary: The median home list price in 56063 was $342,000 in October 2024, down 12.3% from the previous year, and the median price per square foot was $208.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $191.5K$298K
+55.6%
2 $297.4K$329.9K
+10.9%
3 $334.9K$334.9K
0.0%
4 $669.9K$719K
+7.3%
5+ $650K$671.9K
+3.4%

Summary: 56063 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.6%, 2 bedroom homes increased by 10.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 3.4%.

Median List Price Compared To Nearby Zip Codes

56024
+10.4%
56028
+3.6%
56017
-10.6%
56063
-12.3%

Housing Supply in 56063, MN

How many homes are available in 56063, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1311-15.4%

Summary: The 56063 real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 76
-14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 56063 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 56063, MN

How long does it take to sell a home in 56063, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
192 Days193 Days+0.8%

Summary: Homes in 56063 had an average listing age of 193 days in Oct 2024, up by 0.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 56063, MN

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