The 56515 housing market is somewhat competitive. The median sale price of a home in 56515 was $390K last month, up 9.9% since last year. The median sale price per square foot in 56515 is $257, up 87.6% since last year.
In October 2024, 56515 home prices were up 9.9% compared to last year, selling for a median price of $390K. On average, homes in 56515 sell after 34 days on the market compared to 46 days last year. There were 15 homes sold in October this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$390,000
+9.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
56515, MN
$390,000
+9.9%
United States
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How hot is the 56515 housing market?
56515 is somewhat competitive. Homes sell in 34 days.
0
100
67
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 34 days.
Hot homes
can sell for around list price and go pending in around 14 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 56515 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56515.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56515 has a minor risk of flooding. 273 properties in 56515 are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in 56515. Flood risk is increasing slower than the national average.
64% of properties are at risk of wildfire over the next 30 years
Fire Factor
56515 has a moderate risk of wildfire. There are 3,409 properties in 56515 that have some risk of being affected by wildfire over the next 30 years. This represents 64% of all properties in 56515.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
56515 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 56515 is most at risk from severe storms. 5,281 properties in 56515 have some risk of being in a severe wind event within the next 30 years.