Listing Office: Whitetail Properties Real
Housing Prices in 56229, MN
How much do homes in 56229, MN cost?
Median List Price
$254,500
$104/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$57,050(+28.9%)
Key Takeaway
The list price of homes in 56229 has increased by 28.9% since last year.
Summary: The median home list price in 56229 was $254,500 in October 2024, up 28.9% from the previous year, and the median price per square foot was $104.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.2K | $67.5K | -47.0% |
| 3 Bedrooms | $212.5K | $267K | +25.6% |
| 4 Bedrooms | $210K | $230K | +9.5% |
| 5+ Bedrooms | $195K | $549K | +181.5% |
Summary: 56229 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 47%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 181.5%.
Median List Price Compared To Nearby Zip Codes
| 56229 | $197.4K | $254.5K | +28.9% |
| 56297 | $141.5K | $155K | +9.5% |
| 56223 | $144.5K | $152.5K | +5.5% |
| 56258 | $220K | $230K | +4.5% |
Housing Supply in 56229, MN
How many homes are available in 56229, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The 56229 real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 56229 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 56229, MN
How long does it take to sell a home in 56229, MN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 117 Days | 86 Days | -26.6% |
Summary: Homes in 56229 had an average listing age of 86 days in Oct 2024, down by 26.6% compared to the previous year.
