Housing Prices in 56216, MN

How much do homes in 56216, MN cost?

Median List Price

$213,444

$140/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$23,550(+12.4%)

Key Takeaway

The list price of homes in 56216 has increased by 12.4% since last year.

Summary: The median home list price in 56216 was $213,444 in November 2024, up 12.4% from the previous year, and the median price per square foot was $140.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$117.7K
N/A
3 $159.9K$265K
+65.7%
4 $237K$298.5K
+25.9%
5+ --
N/A

Summary: 56216 housing prices by bedroom type for November 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 65.7%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56230
+57.7%
56253
+15.3%
56216
+12.4%
56281
-21.3%

Housing Supply in 56216, MN

How many homes are available in 56216, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12+100.0%

Summary: The 56216 real estate market had 2 homes for sale in November 2024, a 100.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 56216 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased 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 56216, MN

How long does it take to sell a home in 56216, MN?

Average Listing Age

Nov 2023Nov 2024CHANGE
154 Days40 Days-74.1%

Summary: Homes in 56216 had an average listing age of 40 days in Nov 2024, down by 74.1% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in 56216, MN

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