The 56320 housing market is somewhat competitive. The median sale price of a home in 56320 was $295K last month, down 19.3% since last year. The median sale price per square foot in 56320 is $182, up 33.2% since last year.
In March 2024, 56320 home prices were down 19.3% compared to last year, selling for a median price of $295K. On average, homes in 56320 sell after 93 days on the market compared to 17 days last year. There were 18 homes sold in March this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$295,000
-19.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
56320, MN
$295,000
-19.3%
United States
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How hot is the 56320 housing market?
56320 is somewhat competitive. Homes sell in 63 days.
0
100
45
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 63 days.
Hot homes
can sell for around list price and go pending in around 29 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.
Risk Factor
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. 376 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.
28% of properties are at risk of wildfire over the next 30 years
Fire Factor
56320 has a moderate risk of wildfire. There are 1,213 properties in 56320 that have some risk of being affected by wildfire over the next 30 years. This represents 28% of all properties in 56320.