The 56308 housing market is somewhat competitive. The median sale price of a home in 56308 was $327K last month, up 17.2% since last year. The median sale price per square foot in 56308 is $179, down 12.5% since last year.
In March 2024, 56308 home prices were up 17.2% compared to last year, selling for a median price of $327K. On average, homes in 56308 sell after 37 days on the market compared to 80 days last year. There were 39 homes sold in March this year, up from 31 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$327,000
+17.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
56308, MN
$327,000
+17.2%
United States
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How hot is the 56308 housing market?
56308 is somewhat competitive. Homes sell in 24.5 days.
0
100
68
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 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 25 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 56308 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56308.
Risk Factor
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56308 has a minor risk of flooding. 808 properties in 56308 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 56308. Flood risk is increasing slower than the national average.
52% of properties are at risk of wildfire over the next 30 years
Fire Factor
56308 has a moderate risk of wildfire. There are 8,945 properties in 56308 that have some risk of being affected by wildfire over the next 30 years. This represents 52% of all properties in 56308.