Housing Prices in 56318, MN

How much do homes in 56318, MN cost?

Median List Price

$359,250

$233/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$94,800(+35.8%)

Key Takeaway

The list price of homes in 56318 has increased by 35.8% since last year.

Summary: The median home list price in 56318 was $359,250 in April 2024, up 35.8% from the previous year, and the median price per square foot was $233.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $129K$150K
+16.3%
2 $225K$286.7K
+27.4%
3 $269K$439.9K
+63.6%
4 $494.9K$648.5K
+31.0%
5+ $599.9K-
N/A

Summary: 56318 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 27.4%, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 31%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56318
+35.8%
56347
+2.3%
56382
-22.1%
56336
-32.4%

Housing Supply in 56318, MN

How many homes are available in 56318, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The 56318 real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 56318 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 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 56318, MN

How long does it take to sell a home in 56318, MN?

Average Listing Age

Apr 2023Apr 2024CHANGE
150 Days84 Days-43.9%

Summary: Homes in 56318 had an average listing age of 84 days in Apr 2024, down by 43.9% compared to the previous year.

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

Report Updated 8 Days Ago

Newest Listings in 56318, MN

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