The 56011 housing market is somewhat competitive. The median sale price of a home in 56011 was $320K last month, down 10.6% since last year. The median sale price per square foot in 56011 is $149, down 26.8% since last year.
In April 2025, 56011 home prices were down 10.6% compared to last year, selling for a median price of $320K. On average, homes in 56011 sell after 31 days on the market compared to 20 days last year. There were 30 homes sold in April this year, up from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$319,950
-10.6% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
56011, MN
$319,950
-10.6%
United States
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How hot is the 56011 housing market?
56011 is somewhat competitive. Homes sell in 18 days.
0
100
64
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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 3% above list price and go pending in around 8 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.
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. 341 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 faster than the national average.
22% of properties are at risk of wildfire over the next 30 years
Fire Factor
56011 has a moderate risk of wildfire. There are 1,075 properties in 56011 that have some risk of being affected by wildfire over the next 30 years. This represents 22% of all properties in 56011.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56011 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56011 is most at risk from tornadoes. 4,810 properties in 56011 have some risk of being in a severe wind event within the next 30 years.