Housing Prices in 56481, MN

How much do homes in 56481, MN cost?

Median List Price

$244,900

$136/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$80,000(+48.5%)

Key Takeaway

The list price of homes in 56481 has increased by 48.5% since last year.

Summary: The median home list price in 56481 was $244,900 in December 2024, up 48.5% from the previous year, and the median price per square foot was $136.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $54.9K-
N/A
2 $152.4K$164.9K
+8.2%
3 $138K$264.4K
+91.6%
4 $209K$316.9K
+51.7%
5+ $147.9K$348.9K
+135.9%

Summary: 56481 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 91.6%, 4 bedroom homes increased by 51.7%, and 5+ bedroom homes increased by 135.9%.

Median List Price Compared To Nearby Zip Codes

56481
+48.5%
56479
+6.6%
56482
+4.1%
56477
+2.4%

Housing Supply in 56481, MN

How many homes are available in 56481, MN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
53-40.0%

Summary: The 56481 real estate market had 3 homes for sale in December 2024, a 40.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 56481 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 56481, MN

How long does it take to sell a home in 56481, MN?

Average Listing Age

Dec 2023Dec 2024CHANGE
172 Days80 Days-53.5%

Summary: Homes in 56481 had an average listing age of 80 days in Dec 2024, down by 53.5% compared to the previous year.

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

Report Updated 7 Days Ago

Newest Listings in 56481, MN

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