56016, MN Housing Market

Homes for sale

The median sale price of a home in 56016 was $211K last month, up 66.5% since last year.

Trends
Demand
Schools
Climate

56016 Housing Market Trends

What is the housing market like in 56016 today?

In March 2025, 56016 home prices were up 66.5% compared to last year, selling for a median price of $211K.

$189K

Sale Price

$173

Sale $/Sq. Ft.

Over List Price

2.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 56016 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.

View houses in 56016 that sold recently

Recently sold homes

SOLD JUN 4, 2025
$550,000 Last Sold Price
2 beds
2 baths
—sq ft
75589 250th St, Bancroft Twp, MN 56016
List Price
$575,000
Sale to List
4% under list
Days on Market
63 days
75589 250th St, Bancroft Twp, MN 56016
SOLD MAY 29, 2025
$189,000 Last Sold Price
2 beds
1 bath
—sq ft
401 Independence Ave S, Clarks Grove, MN 56016
List Price
$184,900
Sale to List
2% over list
Days on Market
68 days
401 Independence Ave S, Clarks Grove, MN 56016
SOLD MAR 11, 2025
$206,000 Last Sold Price
4 beds
1 bath
—sq ft
212 Main St E, Clarks Grove, MN 56016
List Price
$199,900
Sale to List
3% over list
Days on Market
54 days
212 Main St E, Clarks Grove, MN 56016
SOLD JAN 29, 2025
$215,000 Last Sold Price
3 beds
2 baths
—sq ft
417 Independence Ave S, Clarks Grove, MN 56016
List Price
$230,000
Sale to List
7% under list
Days on Market
70 days
417 Independence Ave S, Clarks Grove, MN 56016

Schools in 56016

Learn about schools in the 56016 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 56016 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56016.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minimal

85% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 56016

New Listings in 56016

Nearby Zip Code Housing Markets

County Housing Markets

Freeborn County Housing Market

City Housing Markets

Nearby Zip Code Listings

County Listings

Freeborn County Real Estate

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Rentals

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