56716, MN Housing Market

Homes for sale

The 56716 housing market is somewhat competitive. The median sale price of a home in 56716 was $160K last month, up 14.3% since last year. The median sale price per square foot in 56716 is $127, up 202.4% since last year.

Trends
Demand
Schools
Climate

56716 Housing Market Trends

What is the housing market like in 56716 today?

$160K

Sale Price

+14.3%
since last year

$127

Sale $/Sq. Ft.

+202.4%
since last year

Under List Price

6.1%

Days on Market

71.5

Down Payment

—

Total Homes Sold

To compare other locations to the 56716 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 56716 housing market?

56716 is somewhat competitive. Homes sell in 71.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 72 days.
Hot homes
can sell for about 1% below list price and go pending in around 36 days.

Compare With Nearby Zip codes

56701

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 75 days.
Hot homes
can sell for around list price and go pending in around 26 days.

56721

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 32 days.

See more nearby cities and neighborhoods

Schools in 56716

Learn about schools in the 56716 area

Elementary
Middle
High

GreatSchools Rating

6/10 Highland Elementary School Public • 1-6	469 Students	3 reviews
NR Washington Elementary School Public • PreK-K	115 Students	1 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 56716 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56716.

Heat Factor - Minimal

54% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 56716

New Listings in 56716

City Housing Markets

County Housing Markets

Nearby Zip Code Housing Markets

City Listings

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Rentals

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56716, MN Housing Market

56716 Housing Market Trends

How hot is the 56716 housing market?

Schools in 56716

GreatSchools Rating

Climate's impact on 56716 housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Minimal

Heat Factor

More real estate resources for 56716

New Listings in 56716

City Housing Markets

County Housing Markets

Nearby Zip Code Housing Markets

City Listings

County Listings

Nearby Zip Code Listings

Rentals