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 October 2023

-$9,100(-5.9%)

Key Takeaway

The list price of homes in 56550 has decreased by 5.9% since last year.

Summary: The median home list price in 56550 was $145,900 in October 2024, down 5.9% from the previous year, and the median price per square foot was $96.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $54.9K$145.9K
+165.8%
3 $171.5K$147.5K
-14.0%
4 $370K-
N/A
5+ --
N/A

Summary: 56550 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 increased by 165.8%, 3 bedroom homes decreased by 14%, 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
-5.9%
56548
-20.7%

Housing Supply in 56550, MN

How many homes are available in 56550, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
65-16.7%

Summary: The 56550 real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 45
+25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 56550 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 decreased by 100%, 3 bedroom homes increased by 25%, 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

Oct 2023Oct 2024CHANGE
95 Days44 Days-52.8%

Summary: Homes in 56550 had an average listing age of 44 days in Oct 2024, down by 52.8% 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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