56681

Leaning buyer's

$315,000median sale price

The 56681 zip code, located in Crosby, MN, is currently classified as a leaning buyer's. The median sale price stands at $315,000. Homes in this area spend an average of 65 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 56681 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

65

Average pace

Active listings

Sale-to-list

96.9%

Below asking

Market trends

Market analysis for 56681

The 56681 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 96.9% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 56681 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

258

Median income

$59,375/yr

Median age

57.8 years

Owner-occupied

8580.0%

College grads

1220.0%

Living in 56681

Zip code 56681 is home to approximately 258 residents. The median household income is $59,375 per year, which shapes the types of homes and amenities available in the area. With a median age of 57.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8580.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 1220.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 56681.

Frequently asked questions about 56681

What is the median home price in 56681?

The current median sale price in 56681 is $315,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 56681 a buyer's or seller's market?

The 56681 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 56681?

Zip code 56681 has a population of approximately 258 residents. The median household income is $59,375 per year. About 8580.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 56681?

Properties Incorporated provides comprehensive data for 56681 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 56681 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.

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