56055, MN Housing Market

The 56055 housing market is very competitive. The median sale price of a home in 56055 was $245K last month, down 10.9% since last year. The median sale price per square foot in 56055 is $102, down 14.3% since last year.

Trends
Demand
Schools
Climate

56055 Housing Market Trends

What is the housing market like in 56055 today?

$245K

Sale Price

-10.9%
since last year

$102

Sale $/Sq. Ft.

-14.3%
since last year

Over List Price

0.6%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 56055 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.

How hot is the 56055 housing market?

56055 is very competitive. Homes sell in 14 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 14 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.

Compare With Nearby Zip codes

56003

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.

56073

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.

See more nearby cities and neighborhoods

View houses in 56055 that sold recently

Recently sold homes

SOLD DEC 5, 2024
$700,000 Last Sold Price
4 beds
3 baths
3,166 sq ft
21596 499th Ave, Lake Crystal, MN 56055
List Price
$725,000
Sale to List
3% under list
Days on Market
118 days
21596 499th Ave, Lake Crystal, MN 56055
SOLD NOV 27, 2024
$345,000 Last Sold Price
4 beds
2 baths
1,867 sq ft
20112 523rd Ave, Lake Crystal, MN 56055
List Price
$349,900
Sale to List
1% under list
Days on Market
43 days
20112 523rd Ave, Lake Crystal, MN 56055
SOLD NOV 25, 2024
$140,000 Last Sold Price
3 beds
2 baths
—sq ft
532 S Hunt St, Lake Crystal, MN 56055
List Price
$139,900
Sale to List
0% over list
Days on Market
88 days
532 S Hunt St, Lake Crystal, MN 56055
SOLD NOV 25, 2024
$245,000 Last Sold Price
4 beds
2 baths
2,385 sq ft
766 E Prince St, Lake Crystal, MN 56055
List Price
$259,000
Sale to List
5% under list
Days on Market
66 days
766 E Prince St, Lake Crystal, MN 56055
SOLD NOV 15, 2024
$650,000
2 beds
1 bath
1,564 sq ft
20929 528th Ave, Lake Crystal, MN 56055
List Price
—
Sale to List
—
Days on Market
—
20929 528th Ave, Lake Crystal, MN 56055
SOLD OCT 23, 2024
$140,000 Last Sold Price
3 beds
2.5 baths
1,156 sq ft
221 W Watonwan St, Lake Crystal, MN 56055
List Price
$140,000
Sale to List
0% over list
Days on Market
34 days
221 W Watonwan St, Lake Crystal, MN 56055
SOLD OCT 15, 2024
$320,000 Last Sold Price
4 beds
3 baths
2,076 sq ft
12 Lorelei Ct, Lake Crystal, MN 56055
List Price
$335,000
Sale to List
4% under list
Days on Market
96 days
12 Lorelei Ct, Lake Crystal, MN 56055
SOLD OCT 11, 2024
$250,000 Last Sold Price
3 beds
1.5 baths
2,000 sq ft
301 Lakeside St S, Lake Crystal, MN 56055
List Price
$249,900
Sale to List
0% over list
Days on Market
48 days
301 Lakeside St S, Lake Crystal, MN 56055
See all recently sold homes in 56055.
See listings

Schools in 56055

Learn about schools in the 56055 area

Elementary
Middle
High

GreatSchools Rating

9/10

Lk Crystal Welcome Memorial Elementary School

Public • PreK-5

422

Students

N/A

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 56055 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56055.

Wind Factor - Minor

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

Heat Factor - Minor

99% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

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56055, MN Housing Market

56055 Housing Market Trends

How hot is the 56055 housing market?

View houses in 56055 that sold recently

Recently sold homes

Schools in 56055

GreatSchools Rating

Climate's impact on 56055 housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minor

Wind Factor

Heat Factor - Minor

Heat Factor

More real estate resources for 56055

County Housing Markets

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City Housing Markets

County Listings

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City Listings

Rentals