Housing Prices in 56296, MN

How much do homes in 56296, MN cost?

Median List Price

$159,000

$66/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$77,000(+93.9%)

Key Takeaway

The list price of homes in 56296 has increased by 93.9% since last year.

Summary: The median home list price in 56296 was $159,000 in October 2024, up 93.9% from the previous year, and the median price per square foot was $66.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $71.9K$109.5K
+52.2%
3 $71.9K$109K
+51.5%
4 $156.5K$167K
+6.7%
5+ $199.9K$199.9K
0.0%

Summary: 56296 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 increased by 52.2%, 3 bedroom homes increased by 51.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.

Housing Supply in 56296, MN

How many homes are available in 56296, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1814-22.2%

Summary: The 56296 real estate market had 14 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 66
0.0%
4 53
-40.0%
5+ 01
+100.0%

Summary: The 56296 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 42.9%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Days on Market for 56296, MN

How long does it take to sell a home in 56296, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
100 Days88 Days-11.5%

Summary: Homes in 56296 had an average listing age of 88 days in Oct 2024, down by 11.5% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in 56296, MN

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