Housing Prices in 56586, MN
How much do homes in 56586, MN cost?
Median List Price
$299,000
$188/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 56586 has increased by 6.8% since last year.
Summary: The median home list price in 56586 was $299,000 in March 2024, up 6.8% from the previous year, and the median price per square foot was $188.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319.9K | $359.9K | +12.5% |
| 2 Bedrooms | $318.5K | $209.9K | -34.1% |
| 3 Bedrooms | $194.9K | $299K | +53.4% |
| 4 Bedrooms | $329.4K | $349.9K | +6.2% |
| 5+ Bedrooms | $524.9K | $399.7K | -23.9% |
Summary: 56586 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 34.1%, 3 bedroom homes increased by 53.4%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 23.9%.
Housing Supply in 56586, MN
How many homes are available in 56586, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Summary: The 56586 real estate market had 15 homes for sale in March 2024, a 87.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 1 | 4 | +300.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 56586 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 200%, 3 bedroom homes increased by 300%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Days on Market for 56586, MN
How long does it take to sell a home in 56586, MN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 183 Days | 83 Days | -54.5% |
Summary: Homes in 56586 had an average listing age of 83 days in Mar 2024, down by 54.5% compared to the previous year.
