Housing Prices in 56578, MN

How much do homes in 56578, MN cost?

Median List Price

$520,000

$328/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$155,000(-23.0%)

Key Takeaway

The list price of homes in 56578 has decreased by 23% since last year.

Summary: The median home list price in 56578 was $520,000 in November 2024, down 23% from the previous year, and the median price per square foot was $328.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $450K$450K
0.0%
2 $359.5K$215K
-40.2%
3 $567.5K$660K
+16.3%
4 $684.9K$1.0M
+47.4%
5+ $675K-
N/A

Summary: 56578 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 40.2%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56501
+17.7%
56521
-8.9%
56578
-23.0%

Housing Supply in 56578, MN

How many homes are available in 56578, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
34+33.3%

Summary: The 56578 real estate market had 4 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 56578 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 increased by 100%, 3 bedroom homes remained the same, 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

Nov 2023Nov 2024CHANGE
461 Days402 Days-12.6%

Summary: Homes in 56578 had an average listing age of 402 days in Nov 2024, down by 12.6% 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 56578, MN

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