56256, MN Housing Market
The 56256 housing market is somewhat competitive. The median sale price of a home in 56256 was $51K last month, down 31.5% since last year. The median sale price per square foot in 56256 is $40, down 37.5% since last year.
56256 Housing Market Trends
since last year
since last year
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How hot is the 56256 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 4% below list price and go pending in around 43 days.
- Hot homescan sell for around list price and go pending in around 15 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
- Multiple offers are rare.
- The average homes sell for about 6% below list price and go pending in around 59 days.
- Hot homescan sell for about 2% below list price and go pending in around 20 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 12 months
- Multiple offers are rare.
- The average homes sell for about 11% below list price and go pending in around 72 days.
- Hot homescan sell for around list price and go pending in around 34 days.
Home offer insights for 56256
Recent offers
View houses in 56256 that sold recently
Recently sold homes
- $65,000 Last Sold Price—beds—baths—sq ft2426 256th St, Madison, MN 56256List Price$75,000Sale to List13% under listDays on Market368 days2426 256th St, Madison, MN 56256
- $51,000 Last Sold Price3 beds2 baths—sq ft206 1st Ave, Madison, MN 56256List Price$40,000Sale to List27% over listDays on Market21 days206 1st Ave, Madison, MN 56256
- $89,342—beds—baths—sq ft2529 237th Ave, Madison, MN 56256Days on Market—2529 237th Ave, Madison, MN 56256
- $200,000—beds—baths—sq ft1669 211th Ave, Madison, MN 56256Days on Market—1669 211th Ave, Madison, MN 56256
- $69,000 Last Sold Price4 beds3 baths—sq ft418 7th Ave, Madison, MN 56256List Price$84,900Sale to List19% under listDays on Market337 days418 7th Ave, Madison, MN 56256
- $289,000 Last Sold Price5 beds1 bath—sq ft2439 271st Ave, Madison, MN 56256List Price$289,000Sale to List0% over listDays on Market131 days2439 271st Ave, Madison, MN 56256
Schools in 56256
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Stevens Elementary School Public • PreK-6 | 305 Students | N/A |
6/10 Madison-Marietta-Nassau Elementary School Public • PreK-4 | 129 Students | N/A |
5/10 Lac Qui Parle Valley Middle School Public • 5-6 | 137 Students | 1 reviews |
3/10 Appleton Elementary School Public • PreK-4 | 219 Students | N/A |
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.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in 56256
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