April 2024

56151 Housing Market Report Lake Wilson, Murray County, Minnesota

Report Updated 11 Days Ago

Housing Prices in 56151, MN

How much do homes in 56151, MN cost?

Median List Price

$95,000

$50/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$31,250(+49.0%)

Key Takeaway

The list price of homes in 56151 has increased by 49% since last year.

Summary: The median home list price in 56151 was $95,000 in April 2024, up 49% from the previous year, and the median price per square foot was $50.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$57K	$40K	-29.8%
3 Bedrooms	$62.5K	$95K	+52.0%
4 Bedrooms	$119.9K	$119.5K	-0.3%
5+ Bedrooms	-	-	N/A

Summary: 56151 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.8%, 3 bedroom homes increased by 52%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

ZIP	Apr 2023	Apr 2024	CHANGE
56186	$104.9K	$159.9K	+52.4%
56151	$63.7K	$95K	+49.0%
56172	$130K	$165K	+26.9%
56122	$154.7K	$164.9K	+6.6%
56115	$88.5K	$84.5K	-4.5%

Housing Supply in 56151, MN

How many homes are available in 56151, MN?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
2	2	0.0%

Summary: The 56151 real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	2	2	0.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The 56151 housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.

Days on Market for 56151, MN

How long does it take to sell a home in 56151, MN?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
176 Days	162 Days	-7.7%

Summary: Homes in 56151 had an average listing age of 162 days in Apr 2024, down by 7.7% compared to the previous year.

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

Report Updated 11 Days Ago

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Newest Listings in 56151, MN

What homes are available in 56151, MN?

See More Listings

$15,000

Land

175 Heritage Trl, Hadley MN, 56151

Listing Office:

Keller Williams Preferred Realty

$20,500

Land

120 Heritage Trl, Hadley MN, 56151

Listing Office:

Keller Williams Preferred Realty

$72,500

Land

190 Heritage Trl, Hadley MN, 56151

Listing Office:

Keller Williams Preferred Realty

$50,000

Land

2ND 2nd Ave, Hadley MN, 56151

Listing Office:

Keller Williams Preferred Realty

$20,500

Land

TBD 1st St, Hadley MN, 56151

Listing Office:

Keller Williams Preferred Realty

$50,000

Land

125 Heritage Trl, Hadley MN, 56151

Listing Office:

Keller Williams Preferred Realty

$29,000

Land

101 1st St W, Hadley MN, 56151

Listing Office:

Keller Williams Preferred Realty

$25,000

Land

3080 Prairie Cir, Slayton MN, 56172

Listing Office:

Creative Three, Inc.

$45,000

Land

3100 Prairie Cir, Slayton MN, 56172

Listing Office:

Creative Three, Inc.

$25,000

Land

3095 Prairie Cir, Slayton MN, 56172

Listing Office:

Creative Three, Inc.

$25,000

Land

3130 Prairie Cir, Slayton MN, 56172

Listing Office:

Creative Three, Inc.

$25,000

Land

3090 Prairie Cir, Slayton MN, 56172

Listing Office:

Creative Three, Inc.

Nearby Markets to 56151, MN

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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 05/01/2022 - 05/01/2024

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Last updated on: 5/11/2024, 11:22:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.