56164, MN Housing Market

The 56164 housing market is somewhat competitive. The median sale price of a home in 56164 was $112K last month, down 43.3% since last year. The median sale price per square foot in 56164 is $114, down 38.9% since last year.

Trends
Demand
Schools
Climate

56164 Housing Market Trends

What is the housing market like in 56164 today?

$112K

Sale Price

-43.3%
since last year

$114

Sale $/Sq. Ft.

-38.9%
since last year

Under List Price

7.4%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 56164 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 56164 housing market?

56164 is somewhat competitive. Homes sell in 80 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 80 days.
Hot homes
can sell for about 1% below list price and go pending in around 46 days.

View houses in 56164 that sold recently

Recently sold homes

SOLD FEB 14, 2025
$112,000 Last Sold Price
2 beds
1 bath
—sq ft
817 3rd Ave SW, Pipestone, MN 56164
List Price
$123,900
Sale to List
10% under list
Days on Market
84 days
817 3rd Ave SW, Pipestone, MN 56164
SOLD FEB 12, 2025
$50,000
—beds
—baths
—sq ft
415 4th St SW, Pipestone, MN 56164
List Price
—
Sale to List
—
Days on Market
—
415 4th St SW, Pipestone, MN 56164
SOLD FEB 6, 2025
$260,000
—beds
—baths
—sq ft
1505 US Highway 75, Pipestone, MN 56164
List Price
—
Sale to List
—
Days on Market
—
1505 US Highway 75, Pipestone, MN 56164
SOLD FEB 5, 2025
$80,000
—beds
—baths
—sq ft
322 4th St SW, Pipestone, MN 56164
List Price
—
Sale to List
—
Days on Market
—
322 4th St SW, Pipestone, MN 56164
SOLD JAN 31, 2025
$68,000 Last Sold Price
4 beds
1 bath
—sq ft
216 6th Ave SE, Pipestone, MN 56164
List Price
$69,900
Sale to List
3% under list
Days on Market
116 days
216 6th Ave SE, Pipestone, MN 56164
SOLD JAN 30, 2025
$350,000 Last Sold Price
3 beds
2 baths
—sq ft
1110 State Highway 23, Pipestone, MN 56164
List Price
$359,000
Sale to List
3% under list
Days on Market
234 days
1110 State Highway 23, Pipestone, MN 56164
SOLD JAN 30, 2025
$144,000 Last Sold Price
2 beds
1 bath
—sq ft
417 9th Ave SE, Pipestone, MN 56164
List Price
$167,500
Sale to List
14% under list
Days on Market
45 days
417 9th Ave SE, Pipestone, MN 56164
SOLD JAN 23, 2025
$142,676 Last Sold Price
3 beds
1 bath
—sq ft
320 11th St SW, Pipestone, MN 56164
List Price
$147,000
Sale to List
3% under list
Days on Market
93 days
320 11th St SW, Pipestone, MN 56164
See all recently sold homes in 56164.
See listings

Schools in 56164

Learn about schools in the 56164 area

Elementary
Middle
High

GreatSchools Rating

8/10 Lake Benton Elementary School Public • PreK-6	137 Students	1 reviews
5/10 Hill Elementary School Public • 2-4	230 Students	1 reviews
2/10 Pipestone Middle School Public • 5-8	306 Students	2 reviews
NR Heartland Elementary School Public • K-8	14 Students	N/A
NR Brown Elementary School Public • PreK-1	187 Students	N/A

Only showing 5 of 6 elementary schools.

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 56164 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56164.

Wind Factor - Minor

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

Heat Factor - Minor

62% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

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