Housing Prices in 56440, MN
How much do homes in 56440, MN cost?
Median List Price
$174,950
$120/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 56440 has increased by 4.3% since last year.
Summary: The median home list price in 56440 was $174,950 in April 2024, up 4.3% from the previous year, and the median price per square foot was $120.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | - | N/A |
| 2 Bedrooms | $137K | $165.5K | +20.8% |
| 3 Bedrooms | $159.9K | $169K | +5.7% |
| 4 Bedrooms | $211.5K | $228K | +7.8% |
| 5+ Bedrooms | - | $239.6K | N/A |
Summary: 56440 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 increased by 20.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 56438 | $185.2K | $199.9K | +7.9% |
| 56440 | $167.7K | $174.9K | +4.3% |
| 56347 | $219.9K | $225K | +2.3% |
| 56446 | $229.9K | $214K | -6.9% |
| 56437 | $175K | $129.9K | -25.8% |
Housing Supply in 56440, MN
How many homes are available in 56440, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Summary: The 56440 real estate market had 5 homes for sale in April 2024, a 400.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 56440 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for 56440, MN
How long does it take to sell a home in 56440, MN?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 40 Days | -45.2% |
Summary: Homes in 56440 had an average listing age of 40 days in Apr 2024, down by 45.2% compared to the previous year.
