The 56320 housing market is very competitive. The median sale price of a home in 56320 was $311K last month, down 2.4% since last year. The median sale price per square foot in 56320 is $185, up 7.6% since last year.
In May 2025, 56320 home prices were down 2.4% compared to last year, selling for a median price of $311K. On average, homes in 56320 sell after 14 days on the market compared to 52 days last year. There were 29 homes sold in May this year, up from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$311,400
-2.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
56320, MN
$311,400
-2.4%
United States
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How hot is the 56320 housing market?
56320 is very competitive. Homes sell in 15.5 days.
0
100
76
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes
can sell for around list price and go pending in around 8 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 56320 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56320.
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56320 has a moderate risk of flooding. 355 properties in 56320 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 56320. Flood risk is increasing slower than the national average.
77% of properties are at risk of wildfire over the next 30 years
Fire Factor
56320 has a moderate risk of wildfire. There are 3,346 properties in 56320 that have some risk of being affected by wildfire over the next 30 years. This represents 77% of all properties in 56320.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56320 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56320 is most at risk from severe storms. 4,312 properties in 56320 have some risk of being in a severe wind event within the next 30 years.