The 56362 housing market is somewhat competitive. The median sale price of a home in 56362 was $339K last month, up 59.7% since last year. The median sale price per square foot in 56362 is $74, down 30.2% since last year.
In March 2024, 56362 home prices were up 59.7% compared to last year, selling for a median price of $339K. On average, homes in 56362 sell after 80 days on the market compared to 23 days last year. There were 6 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$339,000
+59.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
56362, MN
$339,000
+59.7%
United States
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How hot is the 56362 housing market?
56362 is somewhat competitive. Homes sell in 17.5 days.
0
100
47
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 3% above list price and go pending in around 6 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 56362 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56362.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56362 has a minor risk of flooding. 439 properties in 56362 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 56362. Flood risk is increasing slower than the national average.
44% of properties are at risk of wildfire over the next 30 years
Fire Factor
56362 has a moderate risk of wildfire. There are 2,162 properties in 56362 that have some risk of being affected by wildfire over the next 30 years. This represents 44% of all properties in 56362.