The 56501 housing market is somewhat competitive. The median sale price of a home in 56501 was $350K last month, up 48.9% since last year. The median sale price per square foot in 56501 is $181, up 32.5% since last year.
To compare other locations to the 56501 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.
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How hot is the 56501 housing market?
56501 is somewhat competitive. Homes sell in 39 days.
0
100
44
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 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 10 days.
Home offer insights for 56501
Explore recent offers and recently sold homes in 56501
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Rossman Elementary School
Public • PreK-5
616
Students
4 reviews
6/10
Frazee Elementary School
Public • PreK-6
479
Students
2 reviews
4/10
Lake Park Audubon Elementary School
Public • PreK-6
393
Students
4 reviews
4/10
Detroit Lakes Middle School
Public • 5-8
837
Students
1 reviews
4/10
Roosevelt Elementary School
Public • PreK-5
552
Students
1 reviews
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 56501 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56501.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56501 has a minor risk of flooding. 1,107 properties in 56501 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 56501. Flood risk is increasing slower than the national average.
93% of properties are at risk of wildfire over the next 30 years
Fire Factor
56501 has a major risk of wildfire. There are 12,629 properties in 56501 that have some risk of being affected by wildfire over the next 30 years. This represents 93% of all properties in 56501.