56431 Real Estate Market

56431 Market

The median sale price for homes in 56431 over the last 12 months is $103,000.


The median mortgage debt is $75,652.

Additional Statistics for Single Family Homes and Condos in Aitkin, MN
$182,200
Median Listing Price
32
Median Days on Market
182
Active Listings
5.5%
Distressed Listings
(foreclosures and short sales)
56431 (Aitkin, MN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Aitkin is $183,200. The list prices dropped by -0.91% from the previous month.

The price per square foot for listings in this area is $152.

The median sale price in June for single family homes is $162,500. The sale prices increased by 84.53% from the previous month.

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56431 (Aitkin, MN) Market Inventory Trends

The number of active listings in Aitkin dropped by 36.2% from the previous month.

The median number of days active properties have been listed is 32. This is significantly shorter than the national average.

The number of sales in June dropped by 60% from the previous month.

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56431 (Aitkin, MN) Property Ownership

Aitkin has a high % of unoccupied properties. It is 29.13% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Aitkin is 17.76% below the national average.

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