56062, MN Housing Market

The 56062 housing market is somewhat competitive. The median sale price of a home in 56062 was $140K last month, up 0.0% since last year. The median sale price per square foot in 56062 is $59, down 51.2% since last year.

Trends
Demand
Schools
Climate

56062 Housing Market Trends

What is the housing market like in 56062 today?

$140K

Sale Price

+0.0%
since last year

$59

Sale $/Sq. Ft.

-51.2%
since last year

Under List Price

3.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 56062 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 56062 housing market?

56062 is somewhat competitive. Homes sell in 55 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 55 days.
Hot homes
can sell for about 3% above list price and go pending in around 10 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 56062 that sold recently

Recently sold homes

SOLD DEC 4, 2024
$860,000 Last Sold Price
—beds
—baths
—sq ft
000 780th Ave, Riverdale Twp, MN 56062
List Price
$880,000
Sale to List
2% under list
Days on Market
72 days
000 780th Ave, Riverdale Twp, MN 56062
SOLD NOV 18, 2024
$80,000 Last Sold Price
2 beds
2 baths
2,977 sq ft
11 NW 4th St, Madelia, MN 56062
List Price
$88,000
Sale to List
9% under list
Days on Market
45 days
11 NW 4th St, Madelia, MN 56062
SOLD NOV 18, 2024
$200,000 Last Sold Price
3 beds
2 baths
2,154 sq ft
121 NE 2nd St, Madelia, MN 56062
List Price
$215,000
Sale to List
7% under list
Days on Market
133 days
121 NE 2nd St, Madelia, MN 56062
SOLD NOV 14, 2024
$40,000
4 beds
1 bath
1,080 sq ft
425 E Main St, Madelia, MN 56062
List Price
—
Sale to List
—
Days on Market
—
425 E Main St, Madelia, MN 56062
SOLD OCT 8, 2024
$230,000 Last Sold Price
4 beds
2 baths
1,728 sq ft
313 SW 4th St, Madelia, MN 56062
List Price
$225,000
Sale to List
2% over list
Days on Market
131 days
313 SW 4th St, Madelia, MN 56062
SOLD OCT 1, 2024
$150,000 Last Sold Price
3 beds
1 bath
—sq ft
30687 770th Ave, Madelia, MN 56062
List Price
$159,000
Sale to List
6% under list
Days on Market
328 days
30687 770th Ave, Madelia, MN 56062
SOLD SEP 23, 2024
$207,000 Last Sold Price
3 beds
2.5 baths
1,688 sq ft
216 SE Crosby Ave, Madelia, MN 56062
List Price
$210,000
Sale to List
1% under list
Days on Market
119 days
216 SE Crosby Ave, Madelia, MN 56062
SOLD SEP 13, 2024
$103,750 Last Sold Price
3 beds
2 baths
1,856 sq ft
147 SE 1st St, Madelia, MN 56062
List Price
$107,500
Sale to List
3% under list
Days on Market
43 days
147 SE 1st St, Madelia, MN 56062
See all recently sold homes in 56062.
See listings

Schools in 56062

Learn about schools in the 56062 area

Elementary
Middle
High

GreatSchools Rating

4/10

Madelia Elementary School

Public • PreK-6

343

Students

2 reviews

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 56062 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56062.

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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New Listings in 56062

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