56087, MN Housing Market
The 56087 housing market is very competitive. The median sale price of a home in 56087 was $100K last month, down 47.4% since last year. The median sale price per square foot in 56087 is $70, down 59.8% since last year.
56087 Housing Market Trends
In October 2024, 56087 home prices were down 47.4% compared to last year, selling for a median price of $100K. On average, homes in 56087 sell after 33 days on the market compared to 17 days last year. There were 11 homes sold in October this year, up from 11 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 56087 housing market?
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 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 6% below list price and go pending in around 17 days.
- Hot homescan sell for about 1% above list price and go pending in around 5 days.
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 about 1% below list price and go pending in around 18 days.
- Hot homescan sell for about 1% above list price and go pending in around 8 days.
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 6 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 49 days.
- Hot homescan sell for around list price and go pending in around 35 days.
View houses in 56087 that sold recently
Recently sold homes
- $55,000 Last Sold Price4 beds2 baths—sq ft323 N Park Ave, Springfield, MN 56087List Price$65,000Sale to List15% under listDays on Market78 days323 N Park Ave, Springfield, MN 56087
- $75,000 Last Sold Price3 beds2 baths—sq ft302 E Sanborn St, Springfield, MN 56087List Price$75,000Sale to List0% over listDays on Market70 days302 E Sanborn St, Springfield, MN 56087
- $15,000 Last Sold Price—beds—baths—sq ftXxx Bagen, Springfield, MN 56087List Price$15,000Sale to List0% over listDays on Market536 daysXxx Bagen, Springfield, MN 56087
- $75,0004 beds2 baths1,176 sq ft223 Hoyt Ave, Springfield, MN 56087List Price—Sale to List—Days on Market—223 Hoyt Ave, Springfield, MN 56087
- $55,000 Last Sold Price1 bed1 bath—sq ft401 S County Road 5 #101, Springfield, MN 56087List Price$65,000Sale to List15% under listDays on Market87 days401 S County Road 5 #101, Springfield, MN 56087
- $175,000 Last Sold Price2 beds2 baths—sq ft16550 Nature Ave, Springfield, MN 56087List Price$219,500Sale to List20% under listDays on Market125 days16550 Nature Ave, Springfield, MN 56087
- $45,000 Last Sold Price4 beds1 bath—sq ft115 S Spring Ave, Springfield, MN 56087List Price$69,500Sale to List35% under listDays on Market73 days115 S Spring Ave, Springfield, MN 56087
- $60,0002 beds1 bath856 sq ft212 W Lincoln St, Springfield, MN 56087List Price—Sale to List—Days on Market—212 W Lincoln St, Springfield, MN 56087
See all recently sold homes in 56087.
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Schools in 56087
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Springfield Elementary School Public • PreK-6 | 298 Students | N/A |
Climate's impact on 56087 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56087.
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