The 56573 housing market is not very competitive. The median sale price of a home in 56573 was $234K last month, up 18.1% since last year. The median sale price per square foot in 56573 is $238, up 8.2% since last year.
In March 2024, 56573 home prices were up 18.1% compared to last year, selling for a median price of $234K. On average, homes in 56573 sell after 56 days on the market compared to 59 days last year. There were 6 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$233,750
+18.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
56573, MN
$233,750
+18.1%
United States
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How hot is the 56573 housing market?
56573 is not very competitive. Homes sell in 68 days.
0
100
24
Not 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
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 68 days.
Hot homes
can sell for around list price and go pending in around 37 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
New York Mills Elementary School
Public • PreK-6
431
Students
N/A
6/10
Prairie Wind Middle School
Public • 5-8
459
Students
1 reviews
4/10
Heart of the Lake Elementary School
Public • PreK-4
564
Students
2 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 56573 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56573.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56573 has a moderate risk of flooding. 732 properties in 56573 are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in 56573. Flood risk is increasing slower than the national average.
63% of properties are at risk of wildfire over the next 30 years
Fire Factor
56573 has a moderate risk of wildfire. There are 3,731 properties in 56573 that have some risk of being affected by wildfire over the next 30 years. This represents 63% of all properties in 56573.