56003 Home Values & Market Trends

There are 27 homes currently listed for 56003. 56003 real estate market trends show that home prices range from $133,777 to $915,000, and the median sales price in the 56003 zip code is $312,566.93. The total number of properties sold within the past twelve months is 191. In 56003, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

Housing Market Summary for 56003

Apr 2023March 2024Change
Median Listing Price$339K$294.4K-13.15%
Median Sold Price$306.9K$294.4K-4.07%
Homes For Sale192110.53%
Homes Sold617624.59%
Price
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Homes For Sale
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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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Browse Homes in 56003

The median list price of a home in Mankato, is $312,566.93. A total of 27 properties are for sale, and the percentage of properties for sale in the zip code is 27.00%. The total count of 56003 properties is 5,071.

Foreclosure
There are 2 cities within 56003; within these cities, the median estimated home value for homes in foreclosure ranges from $424,750 in mankato to the lowest value of $154,250 in mankato. Foreclosure homes account for 0.00% of properties in 56003 with mankato containing 11 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 56003 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 56003; of those 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 56003 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 56003. There are 2 cities within 56003; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    mankato has 11 auction properties, the highest number of properties going to auction in a single city in the state of 56003. Auction homes and other auction properties account for 0.02% of all properties in 56003. There are 2 cities within 56003; of those cities, the median estimated home value for homes going to auction ranges from $424,750 in mankato to the lowest value of $154,250 in mankato.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.53% of residential properties in 56003 with mankato containing 61 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 56003; homes for sale in those cities, have a range of median values from $1,250,000 in mankato to the lowest value of $157,658 in mankato.
    Sold Homes
    The median value for recently sold homes ranges from $977,243 in mankato to the lowest price of $41,107 in mankato. There are 2 cities within 56003. mankato has 235 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.46% of properties in 56003.

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      Guide for 56003

      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
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      New York
      San Antonio Real Estate 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.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      San Antonio Real Estate Market Report – April 2024
      New York|posted 26 April 2024

      The San Antonio real estate market in 2024 is experiencing a slight decline in average property values, an increase in value per square foot, and a decrease in sales volume.

      Recently Listed Homes 56003

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