The 56011 housing market is very competitive. The median sale price of a home in 56011 was $360K last month, up 11.4% since last year. The median sale price per square foot in 56011 is $204, up 30.8% since last year.
In April 2024, 56011 home prices were up 11.4% compared to last year, selling for a median price of $360K. On average, homes in 56011 sell after 20 days on the market compared to 30 days last year. There were 25 homes sold in April this year, down from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,000
+11.4% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
56011, MN
$360,000
+11.4%
United States
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How hot is the 56011 housing market?
56011 is very competitive. Homes sell in 18.5 days.
0
100
74
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 19 days.
Hot homes
can sell for about 3% above list price and go pending in around 12 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 56011 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56011.
Risk Factor
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56011 has a minor risk of flooding. 350 properties in 56011 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 56011. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
56011 has a moderate risk of wildfire. There are 898 properties in 56011 that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in 56011.