The 56387 housing market is very competitive. The median sale price of a home in 56387 was $220K last month, down 2.5% since last year. The median sale price per square foot in 56387 is $153, up 88.9% since last year.
In December 2024, 56387 home prices were down 2.5% compared to last year, selling for a median price of $220K. On average, homes in 56387 sell after 42 days on the market compared to 33 days last year. There were 19 homes sold in December this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$220,000
-2.5% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
56387, MN
$220,000
-2.5%
United States
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How hot is the 56387 housing market?
56387 is very competitive. Homes sell in 33 days.
0
100
80
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 6 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 33 days.
Hot homes
can sell for around list price and go pending in around 10 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 56387 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56387.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56387 has a minor risk of flooding. 145 properties in 56387 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 56387. Flood risk is increasing faster than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
56387 has a moderate risk of wildfire. There are 246 properties in 56387 that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in 56387.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56387 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56387 is most at risk from severe storms. 2,360 properties in 56387 have some risk of being in a severe wind event within the next 30 years.