$6,709 Closing Credit*
$564,990
2,376 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Pulte Homes Of Minnesota, LLC
Is 56672, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 56672 was a Seller's Market.
Key Takeaway
56672 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 56672, MN
How much do homes in 56672, MN cost?
Median Sold Price
$349,750
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,750(+12.5%)
Key Takeaway
Homes in 56672 have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in 56672 was $349,750 in October 2024, up 12.5% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $270K | +14.9% |
| 2 Bedrooms | $311K | $355K | +14.1% |
| 3 Bedrooms | $352.4K | $362.3K | +2.8% |
| 4 Bedrooms | $350K | $585K | +67.1% |
| 5+ Bedrooms | $1.1M | - | N/A |
Summary: 56672 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 67.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 56672 | $311K | $349.7K | +12.5% |
| 56662 | $479.9K | $372.4K | -22.4% |
Housing Supply in 56672, MN
How many homes are available in 56672, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 32 | +23.1% |
Summary: The 56672 real estate market had 32 homes for sale in October 2024, a 23.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 56672 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 56672, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 56672 in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 56672, MN
How long does it take to sell a home in 56672, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -4.8% |
Summary: Homes in 56672 had an average of 26 days on market in Oct 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 56672 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 56672; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
