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 21 Days Ago

Newest Listings in 56116, MN

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