56229, MN Housing Market
The 56229 housing market is somewhat competitive. The median sale price of a home in 56229 was $125K last month, down 66.0% since last year. The median sale price per square foot in 56229 is $127, up 74.0% since last year.
56229 Housing Market Trends
In February 2024, 56229 home prices were down 66.0% compared to last year, selling for a median price of $125K.
since last year
since last year
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How hot is the 56229 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
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 35 days.
- Hot homescan sell for around list price and go pending in around 12 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 3% below list price and go pending in around 20 days.
- Hot homescan sell for around 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 9 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 43 days.
- Hot homescan sell for around list price and go pending in around 12 days.
Home offer insights for 56229
Recent offers
View houses in 56229 that sold recently
Recently sold homes
- $200,000 Last Sold Price4 beds4 baths—sq ft210 E Cottonwood St, Cottonwood, MN 56229List Price$219,000Sale to List9% under listDays on Market30 days210 E Cottonwood St, Cottonwood, MN 56229
- $308,100 Last Sold Price3 beds2 baths—sq ft82 Lakeview Dr, Cottonwood, MN 56229List Price$285,000Sale to List8% over listDays on Market27 days82 Lakeview Dr, Cottonwood, MN 56229
- $65,000—beds—baths—sq ft251 Barstad Rd N, Cottonwood, MN 56229Days on Market—251 Barstad Rd N, Cottonwood, MN 56229
- $315,000 Last Sold Price4 beds2 baths—sq ft258 Shoreview Dr, Cottonwood, MN 56229List Price$335,000Sale to List6% under listDays on Market147 days258 Shoreview Dr, Cottonwood, MN 56229
- $48,000 Last Sold Price2 beds1 bath—sq ft92 N 1st St, Cottonwood, MN 56229List Price$50,000Sale to List4% under listDays on Market28 days92 N 1st St, Cottonwood, MN 56229
- $196,000 Last Sold Price3 beds2 baths—sq ft311 E Main St, Cottonwood, MN 56229List Price$199,900Sale to List2% under listDays on Market377 days311 E Main St, Cottonwood, MN 56229
- $125,000 Last Sold Price4 beds1 bath—sq ft32 W Vermillion St, Cottonwood, MN 56229List Price$135,000Sale to List7% under listDays on Market64 days32 W Vermillion St, Cottonwood, MN 56229
- $427,000—beds—baths—sq ft210 Northwood Dr, Cottonwood, MN 56229Days on Market—210 Northwood Dr, Cottonwood, MN 56229
See all recently sold homes in 56229.
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Schools in 56229
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Lakeview Elementary School Public • PreK-6 | 342 Students | N/A |
Climate's impact on 56229 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56229.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in 56229
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