Housing Prices in 56297, MN

How much do homes in 56297, MN cost?

Median List Price

$165,000

$85/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$58,500(+54.9%)

Key Takeaway

The list price of homes in 56297 has increased by 54.9% since last year.

Summary: The median home list price in 56297 was $165,000 in April 2024, up 54.9% from the previous year, and the median price per square foot was $85.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $51.9K-
N/A
2 $90K$30K
-66.7%
3 $115K$165K
+43.5%
4 $135K$170.4K
+26.3%
5+ -$134.9K
N/A

Summary: 56297 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 66.7%, 3 bedroom homes increased by 43.5%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56297
+54.9%
56241
+17.0%

Housing Supply in 56297, MN

How many homes are available in 56297, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
13+200.0%

Summary: The 56297 real estate market had 3 homes for sale in April 2024, a 200.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The 56297 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 increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 56297, MN

How long does it take to sell a home in 56297, MN?

Average Listing Age

Apr 2023Apr 2024CHANGE
58 Days85 Days+46.6%

Summary: Homes in 56297 had an average listing age of 85 days in Apr 2024, up by 46.6% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in 56297, MN

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