Housing Prices in 56556, MN

How much do homes in 56556, MN cost?

Median List Price

$129,900

$101/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$59,100(-31.3%)

Key Takeaway

The list price of homes in 56556 has decreased by 31.3% since last year.

Summary: The median home list price in 56556 was $129,900 in October 2024, down 31.3% from the previous year, and the median price per square foot was $101.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $42K$42K
0.0%
2 $198K$65K
-67.2%
3 $180K$129.9K
-27.8%
4 $308K$237.2K
-23.0%
5+ --
N/A

Summary: 56556 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 decreased by 67.2%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56542
+47.7%
56535
+18.9%
56556
-31.3%

Housing Supply in 56556, MN

How many homes are available in 56556, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The 56556 real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

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

Summary: The 56556 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 56556, MN

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

Average Listing Age

Oct 2023Oct 2024CHANGE
91 Days100 Days+9.7%

Summary: Homes in 56556 had an average listing age of 100 days in Oct 2024, up by 9.7% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 56556, MN

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