Housing Prices in 56385, MN

How much do homes in 56385, MN cost?

Median List Price

$193,500

$173/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$4,000(-2.0%)

Key Takeaway

The list price of homes in 56385 has decreased by 2% since last year.

Summary: The median home list price in 56385 was $193,500 in April 2024, down 2% from the previous year, and the median price per square foot was $173.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $209K$192K
-8.1%
3 $149.9K$184.9K
+23.3%
4 $197.5K$345K
+74.7%
5+ -$399.9K
N/A

Summary: 56385 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 8.1%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 74.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56334
+16.5%
56308
+16.4%
56360
+14.3%
56378
+6.0%
56385
-2.0%

Housing Supply in 56385, MN

How many homes are available in 56385, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
16+500.0%

Summary: The 56385 real estate market had 6 homes for sale in April 2024, a 500.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 00
0.0%
4 01
+100.0%
5+ 12
+100.0%

Summary: The 56385 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 increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for 56385, MN

How long does it take to sell a home in 56385, MN?

Average Listing Age

Apr 2023Apr 2024CHANGE
35 Days28 Days-17.6%

Summary: Homes in 56385 had an average listing age of 28 days in Apr 2024, down by 17.6% compared to the previous year.

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

Report Updated 6 Days Ago

Newest Listings in 56385, MN

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