Housing Prices in 56556, MN

How much do homes in 56556, MN cost?

Median List Price

$141,700

$106/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$47,300(-25.0%)

Key Takeaway

The list price of homes in 56556 has decreased by 25% since last year.

Summary: The median home list price in 56556 was $141,700 in November 2024, down 25% from the previous year, and the median price per square foot was $106.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $42K$42K
0.0%
2 $198K$65K
-67.2%
3 $180K$141.7K
-21.3%
4 $308K$237.2K
-23.0%
5+ --
N/A

Summary: 56556 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 decreased by 67.2%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56542
+35.9%
56535
+29.8%
56592
+20.0%
56556
-25.0%

Housing Supply in 56556, MN

How many homes are available in 56556, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The 56556 real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The 56556 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Days on Market for 56556, MN

How long does it take to sell a home in 56556, MN?

Average Listing Age

Nov 2023Nov 2024CHANGE
91 Days30 Days-67.2%

Summary: Homes in 56556 had an average listing age of 30 days in Nov 2024, down by 67.2% 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 56556, MN

Nearby Markets to 56556, MN