$831 Closing Credit*
$70,000
1,632 SqFt
4 Beds
•1 Full Bath
Listing Office: Counselor Realty Inc of Alex
Housing Prices in 56248, MN
How much do homes in 56248, MN cost?
Median List Price
$139,900
$102/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$5,000(+3.7%)
Key Takeaway
The list price of homes in 56248 has increased by 3.7% since last year.
Summary: The median home list price in 56248 was $139,900 in October 2024, up 3.7% from the previous year, and the median price per square foot was $102.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | - | N/A |
| 2 Bedrooms | $109.9K | $90.4K | -17.7% |
| 3 Bedrooms | $129.9K | $139.9K | +7.7% |
| 4 Bedrooms | $259.9K | $219.4K | -15.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 56248 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 17.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 56531 | $149.4K | $171.9K | +15.1% |
| 56248 | $134.9K | $139.9K | +3.7% |
Housing Supply in 56248, MN
How many homes are available in 56248, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The 56248 real estate market had 6 homes for sale in October 2024, a 50.0% increase 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 | 0 | -100.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 56248 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 decreased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 56248, MN
How long does it take to sell a home in 56248, MN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 115 Days | 52 Days | -54.8% |
Summary: Homes in 56248 had an average listing age of 52 days in Oct 2024, down by 54.8% compared to the previous year.
