$194,000
Land
Listing Office: The Real Estate Company of Detroit Lakes
Housing Prices in 56545, MN
How much do homes in 56545, MN cost?
Median List Price
$165,000
$82/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$34,900(-17.5%)
Key Takeaway
The list price of homes in 56545 has decreased by 17.5% since last year.
Summary: The median home list price in 56545 was $165,000 in October 2024, down 17.5% from the previous year, and the median price per square foot was $82.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $289K | $289K | 0.0% |
| 3 Bedrooms | $199.9K | $165K | -17.5% |
| 4 Bedrooms | $150K | $125K | -16.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 56545 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 did not change, 3 bedroom homes decreased by 17.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 56540 | $127K | $175K | +37.8% |
| 56510 | $129.9K | $150K | +15.5% |
| 56545 | $199.9K | $165K | -17.5% |
Housing Supply in 56545, MN
How many homes are available in 56545, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 56545 real estate market had 3 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 56545 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 remained the same, and 5+ bedroom homes remained the same.
Days on Market for 56545, MN
How long does it take to sell a home in 56545, MN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 227 Days | 48 Days | -78.7% |
Summary: Homes in 56545 had an average listing age of 48 days in Oct 2024, down by 78.7% compared to the previous year.
