56088, MN Housing Market
The 56088 housing market is very competitive. The median sale price of a home in 56088 was $202K last month, up 55.0% since last year. The median sale price per square foot in 56088 is $130, up 46.1% since last year.
56088 Housing Market Trends
In November 2024, 56088 home prices were up 55.0% compared to last year, selling for a median price of $202K. On average, homes in 56088 sell after 11 days on the market compared to 77 days last year. There were 1 homes sold in November this year, down from 8 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 56088 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 12 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 16 days.
- Hot homescan sell for about 7% above list price and go pending in around 8 days.
View houses in 56088 that sold recently
Recently sold homes
- $172,500 Last Sold Price3 beds2 baths—sq ft309 N 2nd Ave E, Truman, MN 56088List Price$169,000Sale to List2% over listDays on Market39 days309 N 2nd Ave E, Truman, MN 56088
- $59,000 Last Sold Price2 beds1 bath—sq ft414 W 2nd St S, Truman, MN 56088List Price$69,900Sale to List16% under listDays on Market30 days414 W 2nd St S, Truman, MN 56088
- $87,5003 beds2 baths1,572 sq ft202 E Ciro St, Truman, MN 56088List Price—Sale to List—Days on Market—202 E Ciro St, Truman, MN 56088
- $201,500 Last Sold Price3 beds2 baths—sq ft43609 790th Ave, South Branch Twp, MN 56088List Price$204,900Sale to List2% under listDays on Market46 days43609 790th Ave, South Branch Twp, MN 56088
- $113,0002 beds1 bath1,456 sq ft306 N 2nd Ave E, Truman, MN 56088List Price—Sale to List—Days on Market—306 N 2nd Ave E, Truman, MN 56088
- $130,000 Last Sold Price2 beds2 baths—sq ft421 N 3rd Ave E, Truman, MN 56088List Price$130,000Sale to List0% over listDays on Market56 days421 N 3rd Ave E, Truman, MN 56088
- $199,227 Last Sold Price3 beds2 baths—sq ft638 W Ciro St, Truman, MN 56088List Price$194,500Sale to List2% over listDays on Market43 days638 W Ciro St, Truman, MN 56088
- $122,669 Last Sold Price2 beds1 bath—sq ft101 S 7th Ave E, Truman, MN 56088List Price$109,900Sale to List12% over listDays on Market37 days101 S 7th Ave E, Truman, MN 56088
See all recently sold homes in 56088.
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Schools in 56088
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Truman Elementary School Public • PreK-6 | 149 Students | 2 reviews |
Climate's impact on 56088 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56088.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Minor
Heat Factor
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