Housing Prices in 56228, MN

How much do homes in 56228, MN cost?

Median List Price

$152,000

$118/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$13,000(+9.4%)

Key Takeaway

The list price of homes in 56228 has increased by 9.4% since last year.

Summary: The median home list price in 56228 was $152,000 in October 2024, up 9.4% from the previous year, and the median price per square foot was $118.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $167K$146.9K
-12.0%
3 $138.5K$155K
+11.9%
4 $169.4K$399.9K
+136.0%
5+ --
N/A

Summary: 56228 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 12%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 136%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

55342
+18.1%
56228
+9.4%
55355
+8.7%
55350
+6.2%

Housing Supply in 56228, MN

How many homes are available in 56228, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
220.0%

Summary: The 56228 real estate market had 2 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 10
-100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 56228 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 decreased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 56228, MN

How long does it take to sell a home in 56228, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
60 Days89 Days+49.2%

Summary: Homes in 56228 had an average listing age of 89 days in Oct 2024, up by 49.2% compared to the previous year.

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

Report Updated 20 Days Ago

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Newest Listings in 56228, MN

Nearby Markets to 56228, MN

MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 11/01/2022 - 11/01/2024

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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