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 4 Days Ago

Newest Listings in 56296, MN

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