Housing Prices in 56524, MN

How much do homes in 56524, MN cost?

Median List Price

$374,950

$166/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$83,000(+28.4%)

Key Takeaway

The list price of homes in 56524 has increased by 28.4% since last year.

Summary: The median home list price in 56524 was $374,950 in March 2024, up 28.4% from the previous year, and the median price per square foot was $166.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $86K$86K
0.0%
2 $212.4K$250K
+17.7%
3 $381.5K$472K
+23.7%
4 $449.9K$449.9K
0.0%
5+ -$879K
N/A

Summary: 56524 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 17.7%, 3 bedroom homes increased by 23.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

56551
+58.6%
56524
+28.4%
56326
+7.9%
56515
-12.5%

Housing Supply in 56524, MN

How many homes are available in 56524, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
57+40.0%

Summary: The 56524 real estate market had 7 homes for sale in March 2024, a 40.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 44
0.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The 56524 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for 56524, MN

How long does it take to sell a home in 56524, MN?

Average Listing Age

Mar 2023Mar 2024CHANGE
243 Days89 Days-63.3%

Summary: Homes in 56524 had an average listing age of 89 days in Mar 2024, down by 63.3% compared to the previous year.

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

Report Updated 26 Days Ago

Newest Listings in 56524, MN

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