The 56307 housing market is very competitive. The median sale price of a home in 56307 was $293K last month, up 24.5% since last year. The median sale price per square foot in 56307 is $114, down 16.5% since last year.
In October 2024, 56307 home prices were up 24.5% compared to last year, selling for a median price of $293K. On average, homes in 56307 sell after 41 days on the market compared to 26 days last year. There were 8 homes sold in October this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$292,500
+24.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
56307, MN
$292,500
+24.5%
United States
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How hot is the 56307 housing market?
56307 is very competitive. Homes sell in 21 days.
0
100
77
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 21 days.
Hot homes
can sell for about 3% above list price and go pending in around 9 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 56307 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56307.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56307 has a minor risk of flooding. 241 properties in 56307 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 56307. Flood risk is increasing slower than the national average.
29% of properties are at risk of wildfire over the next 30 years
Fire Factor
56307 has a moderate risk of wildfire. There are 850 properties in 56307 that have some risk of being affected by wildfire over the next 30 years. This represents 29% of all properties in 56307.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56307 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56307 is most at risk from severe storms. 2,924 properties in 56307 have some risk of being in a severe wind event within the next 30 years.