The 56701 housing market is somewhat competitive. The median sale price of a home in 56701 was $155K over the last 3 months, down 3.4% since the same period last year. The median sale price per square foot in 56701 is $134, up 21.8% since last year.
Over the three months ending June 2026, 56701 home prices were down 3.4% compared to the same period last year, selling for a median price of $155K. On average, homes in 56701 sell after 56 days on the market compared to 46 days last year. There were 28 homes sold in June this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$154,965
-3.4% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
56701, MN
$154,965
-3.4%
United States
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How hot is the 56701 housing market?
56701 is somewhat competitive. Homes sell in 41 days.
0
100
50
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 2% below list price and go pending in around 41 days.
Hot homes
can sell for around list price and go pending in around 18 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 56701 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56701.
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56701 has a moderate risk of flooding. 1,777 properties in 56701 are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in 56701. Flood risk is increasing slower than the national average.
55% of properties are at risk of wildfire over the next 30 years
Fire Factor
56701 has a moderate risk of wildfire. There are 4,434 properties in 56701 that have some risk of being affected by wildfire over the next 30 years. This represents 55% of all properties in 56701.