56514, MN Housing Market

Homes for sale

The 56514 housing market is somewhat competitive. The median sale price of a home in 56514 was $235K last month, down 22.9% since last year. The median sale price per square foot in 56514 is $137, down 27.7% since last year.

Trends
Demand
Schools
Climate

56514 Housing Market Trends

What is the housing market like in 56514 today?

$235K

Sale Price

-22.9%
since last year

$137

Sale $/Sq. Ft.

-27.7%
since last year

Over List Price

0.2%

Days on Market

35.5

Down Payment

—

Total Homes Sold

To compare other locations to the 56514 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.

How hot is the 56514 housing market?

56514 is somewhat competitive. Homes sell in 35.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 19 days.

Compare With Nearby Zip codes

56560

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 31 days.

58104

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 28 days.

See more nearby cities and neighborhoods

View houses in 56514 that sold recently

Recently sold homes

SOLD MAR 3, 2025
$5,000 Last Sold Price
3 beds
2 baths
—sq ft
301 4th St NE, Barnesville, MN 56514
List Price
$5,000
Sale to List
0% over list
Days on Market
152 days
301 4th St NE, Barnesville, MN 56514
SOLD FEB 27, 2025
VIDEO TOUR
$160,000 Last Sold Price
2 beds
1 bath
—sq ft
202 2nd Ave SE, Barnesville, MN 56514
List Price
$155,000
Sale to List
3% over list
Days on Market
104 days
202 2nd Ave SE, Barnesville, MN 56514
SOLD FEB 14, 2025
$80,000 Last Sold Price
—beds
—baths
—sq ft
TBD 110th St, Prairie View Twp, MN 56514
List Price
$100,000
Sale to List
20% under list
Days on Market
396 days
TBD 110th St, Prairie View Twp, MN 56514
SOLD FEB 14, 2025
$180,000 Last Sold Price
2 beds
2 baths
—sq ft
101 6th Ave SE, Barnesville, MN 56514
List Price
$189,000
Sale to List
5% under list
Days on Market
176 days
101 6th Ave SE, Barnesville, MN 56514
SOLD FEB 7, 2025
$271,000 Last Sold Price
3 beds
2 baths
—sq ft
1101 9th Ave SE, Barnesville, MN 56514
List Price
$279,000
Sale to List
3% under list
Days on Market
78 days
1101 9th Ave SE, Barnesville, MN 56514
SOLD JAN 31, 2025
$292,500 Last Sold Price
4 beds
2 baths
—sq ft
1204 11th Ave SE, Barnesville, MN 56514
List Price
$299,900
Sale to List
2% under list
Days on Market
91 days
1204 11th Ave SE, Barnesville, MN 56514
SOLD JAN 15, 2025
$220,000 Last Sold Price
4 beds
1 bath
—sq ft
104 7th St NW, Barnesville, MN 56514
List Price
$220,000
Sale to List
0% over list
Days on Market
75 days
104 7th St NW, Barnesville, MN 56514
SOLD JAN 9, 2025
$235,000 Last Sold Price
3 beds
2 baths
—sq ft
209 4th St NE, Barnesville, MN 56514
List Price
$234,500
Sale to List
0% over list
Days on Market
51 days
209 4th St NE, Barnesville, MN 56514
See all recently sold homes in 56514.
See listings

Schools in 56514

Learn about schools in the 56514 area

Elementary
Middle
High

GreatSchools Rating

6/10

Barnesville Elementary School

Public • K-6

493

Students

N/A

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 56514 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56514.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

75% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

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56514, MN Housing Market

56514 Housing Market Trends

How hot is the 56514 housing market?

View houses in 56514 that sold recently

Recently sold homes

Schools in 56514

GreatSchools Rating

Climate's impact on 56514 housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minor

Wind Factor

Heat Factor - Minor

Heat Factor

More real estate resources for 56514

City Housing Markets

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City Listings

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Rentals