Belle Plaine, MN Home Values & Market Trends

Real estate market trends reflect that there have been 139 transactions over the past year in Belle Plaine. The median value for residential home transactions that occurred over the previous year is $345,661.5. The number of current listings in Belle Plaine is 12, and the percentage of properties for sale in the city is 12.00%. Belle Plaine, MN currently has 6 properties in foreclosure, 2 bank owned properties, 4 properties headed for auction, and 12 properties for sale.

Belle Plaine, MN Real Estate Market Overview

ZipMedian Est. Value
56011

$ 348,363

$ 206/sqft

Housing Market Summary for Belle Plaine, MN

Apr 2023March 2024Change
Median Listing Price$319.8K$344.6K7.76%
Median Sold Price$311.9K$344.6K10.48%
Homes For Sale129-25.00%
Homes Sold74762.70%
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 Belle Plaine, MN

Belle Plaine home values range from $23,269 to $2,482,529. The median estimated value of a home in Belle Plaine is $345,661.5. The median list price of a home is 349,945, and the total count of properties in the city is 3,215.

Foreclosure
There is 1 zips within Belle Plaine, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $393,373 in 56011 to the lowest value of $198,441 in 56011. Foreclosure homes account for 0.00% of properties in Belle Plaine, MN with 56011 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Belle Plaine, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Belle Plaine, MN; of that zips, 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 Belle Plaine, MN ranges from the highest value of $346,826 in 56011 to the lowest value of $273,719 in 56011. Bank owned homes and properties account for 0.06% of properties in Belle Plaine, MN. There is 1 zips within Belle Plaine, MN; 56011 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    56011 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Belle Plaine, MN. Auction homes and other auction properties account for 0.12% of all properties in Belle Plaine, MN. There is 1 zips within Belle Plaine, MN; of that zips, the median estimated home value for homes going to auction ranges from $393,373 in 56011 to the lowest value of $198,441 in 56011.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.37% of residential properties in Belle Plaine, MN with 56011 containing 12 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Belle Plaine, MN; homes for sale in that zips, have a range of median values from $654,267 in 56011 to the lowest value of $249,574 in 56011.
    Sold Homes
    The median value for recently sold homes ranges from $1,651,549 in 56011 to the lowest price of $190,000 in 56011. There is 1 zips within Belle Plaine, MN. 56011 has 78 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.43% of properties in Belle Plaine, MN.

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      Guide for Belle Plaine, MN

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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      A Guide to Foreclosure Financing and Refinancing
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      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      A Guide to Foreclosure Financing and Refinancing
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      Information on foreclosure financing, refinancing, and foreclosure mortgages.

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