Housing Prices in 56116, MN

How much do homes in 56116, MN cost?

Median List Price

$537,450

$204/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

+$137,550(+34.4%)

Key Takeaway

The list price of homes in 56116 has increased by 34.4% since September.

Summary: The median home list price in 56116 was $537,450 in October 2024, up 34.4% from the previous month, and the median price per square foot was $204.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $399.9K-
N/A
3 $199.9K$199.9K
0.0%
4 $735K$735K
0.0%
5+ --
N/A

Summary: 56116 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56116
+34.4%
56138
0.0%
57068
-16.3%

Housing Supply in 56116, MN

How many homes are available in 56116, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The 56116 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 11
0.0%
4 77
0.0%
5+ 00
0.0%

Summary: The 56116 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 56116, MN

How long does it take to sell a home in 56116, MN?

Average Listing Age

Sep 2024Oct 2024CHANGE
111 Days143 Days+28.4%

Summary: Homes in 56116 had an average listing age of 143 days in Oct 2024, up by 28.4% compared to the previous month.

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

Report Updated 4 Days Ago

Newest Listings in 56116, MN

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