56316 Real Estate Market

56316 Market

The median sale price for homes in 56316 over the last 12 months is $73,457.


The median mortgage debt is $89,264.

Additional Statistics for Single Family Homes and Condos in Brooten, MN
$122,000
Median Listing Price
82
Median Days on Market
13
Active Listings
7.7%
Distressed Listings
(foreclosures and short sales)
56316 (Brooten, MN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Brooten is $122,000. The list prices increased by 6.08% from the previous month.

The price per square foot for listings in this area is $77.

The median sale price in September for single family homes is $125,500.

The price per square foot for sales in this area is $81.

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56316 (Brooten, MN) Market Inventory Trends

The median number of days active properties have been listed is 82.

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56316 (Brooten, MN) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.