The 56315 housing market is somewhat competitive. The median sale price of a home in 56315 was $335K last month, down 30.9% since last year. The median sale price per square foot in 56315 is $203, up 138.0% since last year.
In October 2024, 56315 home prices were down 30.9% compared to last year, selling for a median price of $335K. On average, homes in 56315 sell after 15 days on the market compared to 19 days last year. There were 4 homes sold in October this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$334,950
-30.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
56315, MN
$334,950
-30.9%
United States
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How hot is the 56315 housing market?
56315 is somewhat competitive. Homes sell in 24 days.
0
100
51
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 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 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 56315 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56315.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56315 has a minor risk of flooding. 158 properties in 56315 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 56315. Flood risk is increasing slower than the national average.
65% of properties are at risk of wildfire over the next 30 years
Fire Factor
56315 has a moderate risk of wildfire. There are 1,255 properties in 56315 that have some risk of being affected by wildfire over the next 30 years. This represents 65% of all properties in 56315.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56315 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56315 is most at risk from tornadoes. 1,917 properties in 56315 have some risk of being in a severe wind event within the next 30 years.