The 56229 housing market is somewhat competitive. The median sale price of a home in 56229 was $202K over the last 3 months, up 15.4% since the same period last year. The median sale price per square foot in 56229 is $116, up 36.5% since last year.
Over the three months ending August 2026, 56229 home prices were up 15.4% compared to the same period last year, selling for a median price of $202K. On average, homes in 56229 sell after 10 days on the market compared to 45 days last year. There were 6 homes sold in August this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$201,913
+15.4% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
56229, MN
$201,913
+15.4%
United States
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How hot is the 56229 housing market?
56229 is somewhat competitive. Homes sell in 35 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
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 homes
can sell for around list price and go pending in around 12 days.
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 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
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56229 has a minor risk of flooding. 133 properties in 56229 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 56229. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
56229 has a moderate risk of wildfire. There are 59 properties in 56229 that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in 56229.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56229 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56229 is most at risk from tornadoes. 1,694 properties in 56229 have some risk of being in a severe wind event within the next 30 years.