$1,959 Closing Credit*
$165,000
1,632 SqFt
3 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Housing Prices in 56229, MN
How much do homes in 56229, MN cost?
Median List Price
$230,000
$101/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$32,550(+16.5%)
Key Takeaway
The list price of homes in 56229 has increased by 16.5% since last year.
Summary: The median home list price in 56229 was $230,000 in November 2024, up 16.5% from the previous year, and the median price per square foot was $101.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.2K | $67.5K | -47.0% |
| 3 Bedrooms | $212.5K | $227.2K | +6.9% |
| 4 Bedrooms | $210K | $230K | +9.5% |
| 5+ Bedrooms | $195K | $512K | +162.6% |
Summary: 56229 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 decreased by 47%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 162.6%.
Median List Price Compared To Nearby Zip Codes
| 56229 | $197.4K | $230K | +16.5% |
| 56297 | $141.5K | $154.9K | +9.5% |
| 56223 | $150K | $155K | +3.3% |
| 56258 | $220K | $227K | +3.2% |
Housing Supply in 56229, MN
How many homes are available in 56229, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The 56229 real estate market had 9 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 56229 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for 56229, MN
How long does it take to sell a home in 56229, MN?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 136 Days | 84 Days | -37.8% |
Summary: Homes in 56229 had an average listing age of 84 days in Nov 2024, down by 37.8% compared to the previous year.
