Housing Prices in 56580, MN
How much do homes in 56580, MN cost?
Median List Price
$295,000
$134/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in 56580 has increased by 18% since last year.
Summary: The median home list price in 56580 was $295,000 in May 2024, up 18% from the previous year, and the median price per square foot was $134.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144.9K | $154.9K | +6.9% |
| 3 Bedrooms | $250K | $256.5K | +2.6% |
| 4 Bedrooms | $235.5K | $352.5K | +49.7% |
| 5+ Bedrooms | $539.9K | $289.9K | -46.3% |
Summary: 56580 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 49.7%, and 5+ bedroom homes decreased by 46.3%.
Housing Supply in 56580, MN
How many homes are available in 56580, MN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The 56580 real estate market had 6 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 56580 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 56580, MN
How long does it take to sell a home in 56580, MN?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 105 Days | 67 Days | -36.0% |
Summary: Homes in 56580 had an average listing age of 67 days in May 2024, down by 36% compared to the previous year.
