$99,000
Land
Listing Office: Minnesota Lands and Homes Real Estate
Housing Prices in 56157, MN
How much do homes in 56157, MN cost?
Median List Price
$222,500
$125/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$10,000(+4.7%)
Key Takeaway
The list price of homes in 56157 has increased by 4.7% since last year.
Summary: The median home list price in 56157 was $222,500 in October 2024, up 4.7% from the previous year, and the median price per square foot was $125.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $178.5K | N/A |
| 3 Bedrooms | $89.9K | $175K | +94.7% |
| 4 Bedrooms | $212.5K | $849.9K | +300.0% |
| 5+ Bedrooms | $475K | $540K | +13.7% |
Summary: 56157 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 did not change, 3 bedroom homes increased by 94.7%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 13.7%.
Median List Price Compared To Nearby Zip Codes
| 56169 | $90K | $137.5K | +52.8% |
| 56157 | $212.5K | $222.5K | +4.7% |
| 56258 | $220K | $230K | +4.5% |
Housing Supply in 56157, MN
How many homes are available in 56157, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 56157 real estate market had 3 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 56157 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 increased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 56157, MN
How long does it take to sell a home in 56157, MN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 153 Days | 68 Days | -55.3% |
Summary: Homes in 56157 had an average listing age of 68 days in Oct 2024, down by 55.3% compared to the previous year.
