Housing Prices in 56223, MN

How much do homes in 56223, MN cost?

Median List Price

$152,500

$77/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$8,000(+5.5%)

Key Takeaway

The list price of homes in 56223 has increased by 5.5% since last year.

Summary: The median home list price in 56223 was $152,500 in October 2024, up 5.5% from the previous year, and the median price per square foot was $77.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K-
N/A
2 $162.5K$79K
-51.4%
3 $159.5K$157.3K
-1.4%
4 $154.9K$150K
-3.2%
5+ $117.9K-
N/A

Summary: 56223 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 decreased by 51.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56229
+28.9%
56241
+14.7%
56223
+5.5%

Housing Supply in 56223, MN

How many homes are available in 56223, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The 56223 real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The 56223 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 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Days on Market for 56223, MN

How long does it take to sell a home in 56223, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
55 Days67 Days+20.7%

Summary: Homes in 56223 had an average listing age of 67 days in Oct 2024, up by 20.7% compared to the previous year.

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

Report Updated 18 Days Ago

Newest Listings in 56223, MN

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