Housing Prices in 56159, MN

How much do homes in 56159, MN cost?

Median List Price

$172,000

$95/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$17,750(+11.5%)

Key Takeaway

The list price of homes in 56159 has increased by 11.5% since last year.

Summary: The median home list price in 56159 was $172,000 in March 2024, up 11.5% from the previous year, and the median price per square foot was $95.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $87.2K$194.9K
+123.6%
3 $144.5K$170K
+17.6%
4 $214K$169K
-21.0%
5+ $169.9K$209K
+23.0%

Summary: 56159 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 123.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes increased by 23%.

Housing Supply in 56159, MN

How many homes are available in 56159, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1110-9.1%

Summary: The 56159 real estate market had 10 homes for sale in March 2024, a 9.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 55
0.0%
5+ 11
0.0%

Summary: The 56159 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 56159, MN

How long does it take to sell a home in 56159, MN?

Average Listing Age

Mar 2023Mar 2024CHANGE
149 Days110 Days-25.8%

Summary: Homes in 56159 had an average listing age of 110 days in Mar 2024, down by 25.8% compared to the previous year.

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

Report Updated 28 Days Ago

Newest Listings in 56159, MN

Nearby Markets to 56159, MN