The 56716 housing market is somewhat competitive. The median sale price of a home in 56716 was $172K over the last 3 months, down 22.9% since the same period last year. The median sale price per square foot in 56716 is $78, down 32.3% since last year.
Over the three months ending August 2026, 56716 home prices were down 22.9% compared to the same period last year, selling for a median price of $172K. On average, homes in 56716 sell after 55 days on the market compared to 79 days last year. There were 23 homes sold in August this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$172,375
-22.9% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
56716, MN
$172,375
-22.9%
United States
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How hot is the 56716 housing market?
56716 is somewhat competitive. Homes sell in 86 days.
0
100
39
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 4% below list price and go pending in around 86 days.
Hot homes
can sell for around list price and go pending in around 27 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 56716 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 56716.
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
56716 has a minor risk of flooding. 466 properties in 56716 are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in 56716. Flood risk is increasing slower than the national average.
49% of properties are at risk of wildfire over the next 30 years
Fire Factor
56716 has a moderate risk of wildfire. There are 2,781 properties in 56716 that have some risk of being affected by wildfire over the next 30 years. This represents 49% of all properties in 56716.