$2,553 Closing Credit*
$215,000
936 SqFt
2 Beds
•1 Full Bath
Listing Office: REAL (3064 FGO)
Housing Prices in 56578, MN
How much do homes in 56578, MN cost?
Median List Price
$509,500
$349/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$165,500(-24.5%)
Key Takeaway
The list price of homes in 56578 has decreased by 24.5% since last year.
Summary: The median home list price in 56578 was $509,500 in October 2024, down 24.5% from the previous year, and the median price per square foot was $349.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $450K | 0.0% |
| 2 Bedrooms | $359.5K | $394.9K | +9.8% |
| 3 Bedrooms | $567.5K | $660K | +16.3% |
| 4 Bedrooms | $684.9K | $1.0M | +47.4% |
| 5+ Bedrooms | $675K | $499K | -26.1% |
Summary: 56578 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 9.8%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes decreased by 26.1%.
Median List Price Compared To Nearby Zip Codes
| 56569 | $265K | $330K | +24.5% |
| 56501 | $325K | $379.9K | +16.9% |
| 56521 | $258K | $209.5K | -18.8% |
| 56578 | $675K | $509.5K | -24.5% |
Housing Supply in 56578, MN
How many homes are available in 56578, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The 56578 real estate market had 5 homes for sale in October 2024, a 28.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 56578 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 56578, MN
How long does it take to sell a home in 56578, MN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 451 Days | 346 Days | -23.1% |
Summary: Homes in 56578 had an average listing age of 346 days in Oct 2024, down by 23.1% compared to the previous year.
