56256, MN Housing Market

The 56256 housing market is somewhat competitive. The median sale price of a home in 56256 was $190K last month, up 6.1% since last year. The median sale price per square foot in 56256 is $90, down 10.4% since last year.

Trends
Demand
Schools
Climate

56256 Housing Market Trends

What is the housing market like in 56256 today?

$190K

Sale Price

+6.1%
since last year

$90

Sale $/Sq. Ft.

-10.4%
since last year

Under List Price

4.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 56256 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 56256 housing market?

56256 is somewhat competitive. Homes sell in 43 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 43 days.
Hot homes
can sell for around list price and go pending in around 15 days.

Compare With Nearby Zip codes

56208

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 44 days.
Hot homes
can sell for around list price and go pending in around 20 days.

56278

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 75 days.
Hot homes
can sell for about 3% below list price and go pending in around 40 days.

See more nearby cities and neighborhoods

View houses in 56256 that sold recently

Recently sold homes

SOLD DEC 9, 2024
$84,400 Last Sold Price
2 beds
2 baths
—sq ft
115 1st Ave, Madison, MN 56256
List Price
$89,900
Sale to List
6% under list
Days on Market
87 days
115 1st Ave, Madison, MN 56256
SOLD NOV 27, 2024
$130,000
—beds
—baths
—sq ft
705 5th Ave, Madison, MN 56256
List Price
—
Sale to List
—
Days on Market
—
705 5th Ave, Madison, MN 56256
SOLD NOV 8, 2024
$144,900 Last Sold Price
5 beds
3 baths
—sq ft
321 E 6th St, Madison, MN 56256
List Price
$144,900
Sale to List
0% over list
Days on Market
331 days
321 E 6th St, Madison, MN 56256
SOLD NOV 6, 2024
$235,000 Last Sold Price
4 beds
2 baths
—sq ft
2583 300th St, Madison, MN 56256
List Price
$259,000
Sale to List
9% under list
Days on Market
146 days
2583 300th St, Madison, MN 56256
SOLD OCT 2, 2024
$209,900 Last Sold Price
3 beds
2 baths
—sq ft
816 Western Ave, Madison, MN 56256
List Price
$209,500
Sale to List
0% over list
Days on Market
34 days
816 Western Ave, Madison, MN 56256
SOLD SEP 13, 2024
$138,500 Last Sold Price
3 beds
1 bath
—sq ft
421 6th Ave, Madison, MN 56256
List Price
$139,000
Sale to List
0% under list
Days on Market
164 days
421 6th Ave, Madison, MN 56256
SOLD SEP 9, 2024
$79,000 Last Sold Price
2 beds
1 bath
—sq ft
837 Western Ave, Madison, MN 56256
List Price
$79,000
Sale to List
0% over list
Days on Market
57 days
837 Western Ave, Madison, MN 56256
SOLD AUG 22, 2024
$360,000 Last Sold Price
5 beds
3 baths
—sq ft
2480 151st Ave, Madison, MN 56256
List Price
$350,000
Sale to List
3% over list
Days on Market
136 days
2480 151st Ave, Madison, MN 56256
See all recently sold homes in 56256.
See listings

Schools in 56256

Learn about schools in the 56256 area

Elementary
Middle
High

GreatSchools Rating

6/10 Stevens Elementary School Public • PreK-6	287 Students	N/A
5/10 Madison-Marietta-Nassau Elementary School Public • PreK-4	147 Students	N/A
4/10 Lac Qui Parle Valley Middle School Public • 5-6	119 Students	1 reviews
2/10 Appleton Elementary School Public • PreK-4	191 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 56256 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56256.

Wind Factor - Minor

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

Heat Factor - Minor

100% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 56256

New Listings in 56256

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