#6599949, Jonathon Vonesh, Listing Office: KW Inspire Realty Keller Williams (Grand Forks)
56723 Housing Market Report February 2025•Polk County, Minnesota
Housing Prices in 56723, MN
How much do homes in 56723, MN cost?
Median List Price
Based on all homes listed in February 2025
The list price of homes in 56723 has remained the same since January.
Summary: The median home list price in 56723 was $386,000 in February 2025, the same as the previous month, and the median price per square foot was $201.
Median List Price By Zip Codes
City | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
56721 | $299K | $299K | 0.0% |
56723 | $386K | $386K | 0.0% |
Median List Price By Bedrooms
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | $386K | $386K | 0.0% |
44 Bedrooms | - | - | N/A |
55+ Bedrooms | - | - | N/A |
Summary: 56723 housing price by bedroom type for February 2025, compared to the previous month. 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 did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does 56723, MN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
56723, MN
Housing supply in 56723, MN
How many homes are available in 56723, MN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthFeb 2025 | ||
22 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The 56723 real estate market had 2 homes for sale in Feb 2025, the same as Jan 2025
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 0 | 0.0% |
33 Bedrooms | 2 | 2 | 0.0% |
44 Bedrooms | 0 | 0 | 0.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 56723 housing inventory by bedroom type for February 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.
Asking Price vs. Sold Price
How much do homes in 56723, MN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
If you're buying a home in 56723, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 56723 in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 56723, MN
How long does it take to sell a home in 56723, MN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Most homes in 56723 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in 56723; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
Last Month | 1 month ago | Change MoM |
---|---|---|
175 DaysLast MonthFeb 2025 | ||
161 Days1 month agoJan 2025 | +8.7 % Change MoMJan – Feb |
Summary: Homes in 56723 had an average listing age of 175 days in Feb 2025, up by 8.7% compared to the previous month.
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Newest Listings in 56723, MN
What homes are available in 56723, MN?
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MLS Disclaimers and Copyright
Based on information from Fargo Moorhead MLS, for the period 01/01/2025 - 03/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 10:10:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.