Housing Prices in 56088, MN

How much do homes in 56088, MN cost?

Median List Price

$168,250

$93/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$36,850(+28.0%)

Key Takeaway

The list price of homes in 56088 has increased by 28% since last year.

Summary: The median home list price in 56088 was $168,250 in October 2024, up 28% from the previous year, and the median price per square foot was $93.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$64.9K
N/A
2 $57.4K$109.9K
+91.5%
3 $138.9K$197.2K
+42.0%
4 $145K$155K
+6.9%
5+ $157K$309K
+96.8%

Summary: 56088 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 91.5%, 3 bedroom homes increased by 42%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 96.8%.

Median List Price Compared To Nearby Zip Codes

56088
+28.0%
56031
+12.1%
56039
-1.4%
56098
-3.0%

Housing Supply in 56088, MN

How many homes are available in 56088, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
24+100.0%

Summary: The 56088 real estate market had 4 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 56088 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 56088, MN

How long does it take to sell a home in 56088, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
99 Days27 Days-72.8%

Summary: Homes in 56088 had an average listing age of 27 days in Oct 2024, down by 72.8% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in 56088, MN

Nearby Markets to 56088, MN