Housing Prices in 56455, MN

How much do homes in 56455, MN cost?

Median List Price

$239,000

$169/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$45,900(-16.1%)

Key Takeaway

The list price of homes in 56455 has decreased by 16.1% since last year.

Summary: The median home list price in 56455 was $239,000 in October 2024, down 16.1% from the previous year, and the median price per square foot was $169.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $174.9K$287.4K
+64.3%
2 $249.9K$199.9K
-20.0%
3 $299K$279.9K
-6.4%
4 $349.9K$259.9K
-25.7%
5+ --
N/A

Summary: 56455 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.3%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56401
+10.7%
56444
+7.6%
56441
+5.6%
56465
+1.1%
56455
-16.1%

Housing Supply in 56455, MN

How many homes are available in 56455, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
912+33.3%

Summary: The 56455 real estate market had 12 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 33
0.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The 56455 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Days on Market for 56455, MN

How long does it take to sell a home in 56455, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
130 Days73 Days-43.4%

Summary: Homes in 56455 had an average listing age of 73 days in Oct 2024, down by 43.4% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 56455, MN

Nearby Markets to 56455, MN