56151 Housing Market Report January 2025•Murray County, Minnesota

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Housing Prices in 56151, MN

How much do homes in 56151, MN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$112,500$82/SqFt
+$5,250
+4.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 56151 has increased by 4.9% since last year.

Summary: The median home list price in 56151 was $112,500 in January 2025, up 4.9% from the previous year, and the median price per square foot was $82.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
56172
+36.4%
56115
+35.8%
56151
+4.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$40K$40K
0.0%
3$95K$130K
+36.8%
4$119.7K-
N/A
5--
N/A

Summary: 56151 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +36.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in 56151, MN

How many homes are available in 56151, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthJan 2025
12 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The 56151 real estate market had 1 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
400
0.0%
500
0.0%

Summary: 56151 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 56151, MN

How long does it take to sell a home in 56151, MN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
96 DaysThis YearJan 2025
153 Days1 year agoJan 2024
-37.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 56151 had an average listing age of 96 days in Jan 2025, down by 37.3% compared to the previous year.

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Newest Listings in 56151, MN

What homes are available in 56151, MN?

New listings aren’t available for 56151, MN

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