Housing Prices in 56534, MN

How much do homes in 56534, MN cost?

Median List Price

$389,000

$187/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$123,500(-24.1%)

Key Takeaway

The list price of homes in 56534 has decreased by 24.1% since last year.

Summary: The median home list price in 56534 was $389,000 in October 2024, down 24.1% from the previous year, and the median price per square foot was $187.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $424.9K$70K
-83.5%
2 $599.9K$247K
-58.8%
3 $430K$429K
-0.2%
4 $399.9K$400K
0.0%
5+ $629.9K-
N/A

Summary: 56534 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 83.5%, 2 bedroom homes decreased by 58.8%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56528
+65.2%
56537
+15.8%
56586
+4.5%
56572
+3.3%
56534
-24.1%

Housing Supply in 56534, MN

How many homes are available in 56534, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The 56534 real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 56534 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 56534, MN

How long does it take to sell a home in 56534, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
192 Days97 Days-49.5%

Summary: Homes in 56534 had an average listing age of 97 days in Oct 2024, down by 49.5% 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 56534, MN

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