The 56551 housing market is somewhat competitive. The median sale price of a home in 56551 was $149K last month, down 58.4% since last year. The median sale price per square foot in 56551 is $97, down 63.0% since last year.
In October 2024, 56551 home prices were down 58.4% compared to last year, selling for a median price of $149K. On average, homes in 56551 sell after 48 days on the market compared to 32 days last year. There were 10 homes sold in October this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$149,375
-58.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
56551, MN
$149,375
-58.4%
United States
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How hot is the 56551 housing market?
56551 is somewhat competitive. Homes sell in 64 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 20 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 56551 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56551.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56551 has a minor risk of flooding. 203 properties in 56551 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 56551. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
56551 has a moderate risk of wildfire. There are 1,339 properties in 56551 that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in 56551.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56551 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56551 is most at risk from severe storms. 2,585 properties in 56551 have some risk of being in a severe wind event within the next 30 years.