56241, MN Housing Market

Homes for sale

The 56241 housing market is somewhat competitive. The median sale price of a home in 56241 was $128K last month, down 5.6% since last year. The median sale price per square foot in 56241 is $131, up 30.3% since last year.

Trends
Demand
Schools
Climate

56241 Housing Market Trends

What is the housing market like in 56241 today?

$128K

Sale Price

-5.6%
since last year

$131

Sale $/Sq. Ft.

+30.3%
since last year

Under List Price

2.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 56241 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 56241 housing market?

56241 is somewhat competitive. Homes sell in 48 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 23 days.

Compare With Nearby Zip codes

56258

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 13 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.

56265

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 78 days.
Hot homes
can sell for around list price and go pending in around 24 days.

See more nearby cities and neighborhoods

View houses in 56241 that sold recently

Recently sold homes

SOLD MAY 30, 2025
$170,000 Last Sold Price
3 beds
2 baths
—sq ft
860 8th Ave, Granite Falls, MN 56241
List Price
$175,000
Sale to List
3% under list
Days on Market
16 days
860 8th Ave, Granite Falls, MN 56241
SOLD MAY 28, 2025
$177,500 Last Sold Price
3 beds
3 baths
—sq ft
1657 10th Ave, Granite Falls, MN 56241
List Price
$175,000
Sale to List
1% over list
Days on Market
166 days
1657 10th Ave, Granite Falls, MN 56241
SOLD MAY 22, 2025
$32,500 Last Sold Price
2 beds
—baths
—sq ft
144 5th Ave, Granite Falls, MN 56241
List Price
$24,990
Sale to List
30% over list
Days on Market
44 days
144 5th Ave, Granite Falls, MN 56241
SOLD MAY 1, 2025
$165,000 Last Sold Price
3 beds
1 bath
—sq ft
940 17th St, Granite Falls, MN 56241
List Price
$160,000
Sale to List
3% over list
Days on Market
42 days
940 17th St, Granite Falls, MN 56241
SOLD APR 30, 2025
$127,500 Last Sold Price
2 beds
2 baths
—sq ft
755 9th Ave, Granite Falls, MN 56241
List Price
$130,000
Sale to List
2% under list
Days on Market
86 days
755 9th Ave, Granite Falls, MN 56241
SOLD APR 25, 2025
$487,478 Last Sold Price
—beds
—baths
—sq ft
320th Avenue 480th St, Granite Falls, MN 56241
List Price
$1
Sale to List
48,747,700% over list
Days on Market
92 days
320th Avenue 480th St, Granite Falls, MN 56241
SOLD APR 24, 2025
$80,000 Last Sold Price
3 beds
1 bath
—sq ft
1205 11th Ave, Granite Falls, MN 56241
List Price
$89,000
Sale to List
10% under list
Days on Market
43 days
1205 11th Ave, Granite Falls, MN 56241
SOLD APR 15, 2025
$185,000 Last Sold Price
3 beds
2 baths
—sq ft
381 5th Ave, Granite Falls, MN 56241
List Price
$180,000
Sale to List
3% over list
Days on Market
47 days
381 5th Ave, Granite Falls, MN 56241
See all recently sold homes in 56241.
See listings

Schools in 56241

Learn about schools in the 56241 area

Elementary
Middle
High

GreatSchools Rating

8/10

Bert Raney Elementary School

Public • PreK-5

267

Students

N/A

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 56241 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56241.

Wind Factor - Minor

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

Heat Factor - Minor

55% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

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