$7,124 Closing Credit*
$599,900
2,065 SqFt
3 Beds
•2 Full Baths
Listing Office: MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM
Housing Prices in 56318, MN
How much do homes in 56318, MN cost?
Median List Price
$379,500
$180/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$40,500(-9.6%)
Key Takeaway
The list price of homes in 56318 has decreased by 9.6% since last year.
Summary: The median home list price in 56318 was $379,500 in November 2024, down 9.6% from the previous year, and the median price per square foot was $180.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $15K | -90.0% |
| 2 Bedrooms | $225K | $212.4K | -5.6% |
| 3 Bedrooms | $439.9K | $529.9K | +20.5% |
| 4 Bedrooms | $719.9K | $549.2K | -23.7% |
| 5+ Bedrooms | - | $81K | N/A |
Summary: 56318 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 90%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 56382 | $229.9K | $294.9K | +28.3% |
| 56384 | $179.9K | $184.9K | +2.8% |
| 56347 | $225K | $225K | 0.0% |
| 56336 | $319K | $294.9K | -7.6% |
| 56318 | $420K | $379.5K | -9.6% |
Housing Supply in 56318, MN
How many homes are available in 56318, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The 56318 real estate market had 8 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 56318 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 remained the same.
Days on Market for 56318, MN
How long does it take to sell a home in 56318, MN?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 374 Days | 54 Days | -85.5% |
Summary: Homes in 56318 had an average listing age of 54 days in Nov 2024, down by 85.5% compared to the previous year.
