56007 Home Values & Market Trends

There are 34 homes currently listed for 56007. 56007 real estate market trends show that home prices range from $24,900 to $975,000, and the median sales price in the 56007 zip code is $156,450.16. The total number of properties sold within the past twelve months is 1. In 56007, 7 properties are in foreclosure, 0 are bank owned properties,and 7 are headed for auction.

Housing Market Summary for 56007

Apr 2023March 2024Change
Median Listing Price$135K$0-100.00%
Median Sold Price$0$0-
Homes For Sale3525-28.57%
Homes Sold00-
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in 56007

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Browse Homes in 56007

The median list price of a home in Albert Lea, is $156,450.16. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 56007 properties is 8,738.

Foreclosure
There is 1 cities within 56007; within this cities, the median estimated home value for homes in foreclosure ranges from $380,268 in albert lea to the lowest value of $66,615 in albert lea. Foreclosure homes account for 0.00% of properties in 56007 with albert lea containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 56007 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 56007; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 56007 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 56007. There is 1 cities within 56007; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    albert lea has 7 auction properties, the highest number of properties going to auction in a single city in the state of 56007. Auction homes and other auction properties account for 0.08% of all properties in 56007. There is 1 cities within 56007; of that cities, the median estimated home value for homes going to auction ranges from $380,268 in albert lea to the lowest value of $66,615 in albert lea.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in 56007 with albert lea containing 34 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 56007; homes for sale in that cities, have a range of median values from $460,000 in albert lea to the lowest value of $37,000 in albert lea.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There is 1 cities within 56007. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0% of properties in 56007.

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      Guide for 56007

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.