Housing Prices in 56550, MN

How much do homes in 56550, MN cost?

Median List Price

$145,900

$96/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$11,600(-7.4%)

Key Takeaway

The list price of homes in 56550 has decreased by 7.4% since last year.

Summary: The median home list price in 56550 was $145,900 in November 2024, down 7.4% from the previous year, and the median price per square foot was $96.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $54.9K$145.9K
+165.8%
3 $160K$147.5K
-7.8%
4 $370K-
N/A
5+ --
N/A

Summary: 56550 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 165.8%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56510
+15.5%
56550
-7.4%
56548
-18.0%

Housing Supply in 56550, MN

How many homes are available in 56550, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
53-40.0%

Summary: The 56550 real estate market had 3 homes for sale in November 2024, a 40.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 56550 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 decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 56550, MN

How long does it take to sell a home in 56550, MN?

Average Listing Age

Nov 2023Nov 2024CHANGE
67 Days58 Days-13.8%

Summary: Homes in 56550 had an average listing age of 58 days in Nov 2024, down by 13.8% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in 56550, MN

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