56501 Home Values & Market Trends
There are 403 homes currently listed for 56501. 56501 real estate market trends show that home prices range from $105,900 to $5,600,000, and the median sales price in the 56501 zip code is $419,942. The total number of properties sold within the past twelve months is 433. In 56501, 5 properties are in foreclosure, 0 are bank owned properties,and 5 are headed for auction.
Housing Market Summary for 56501
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $379K | $424.9K | 12.11% |
| Median Sold Price | $297.9K | $406K | 36.32% |
| Homes For Sale | 324 | 403 | 24.38% |
| Homes Sold | 240 | 208 | -13.33% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 56501
Browse Homes in 56501
The median list price of a home in Detroit Lakes, is $419,942. A total of 403 properties are for sale, and the percentage of properties for sale in the zip code is 403.00%. The total count of 56501 properties is 621.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 56501 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 56501; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 56501 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 56501. There is 1 cities within 56501; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsdetroit lakes has 5 auction properties, the highest number of properties going to auction in a single city in the state of 56501. Auction homes and other auction properties account for 0.81% of all properties in 56501. There is 1 cities within 56501; of that cities, the median estimated home value for homes going to auction ranges from $337,159 in detroit lakes to the lowest value of $251,249 in detroit lakes.
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More Real Estate Resources for 56501
Guide for 56501
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
