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Overview

MN, 56501

MN, 56501 is home to 69 active real estate agents and 140 active real estate offices.  There are 3 agents known for being pricing experts.

Over the past 12 months there have been 307 active and sold properties, with 2 reviews in total. This is a 8% decrease compared to the previous 12 months.

2
Reviews collected
69
Active agents
140
Active offices
307
Properties sold
588
Properties active

Latest reviews in 56501

Local market insights

Favourable sellers market in 56501

Median sale prices for houses is up 2% YoY making it a great time to consult local agents about selling.

56501 is known for its price experts

3 agents have earned the Price Expert badge - reflecting their ability to achieve a price that meets or exceeds their clients expectations.

Property market insights

Price and performance data by property type for 56501.

Median price snapshot for single-family properties

The median sale price for single-family properties in 56501 is $360.67k, up 3% over the last 12 months. The number of single-family properties sold has decreased by 17% over the last 12 months.

Median single-family price
$360.67k
Median days on market for single-family properties
41
Bedrooms
Median Price
Sold
2 bedroom
$289.9k
39
3 bedroom
$347k
113
4 bedroom
$412.75k
64

Happy sellers in 56501

~%

We have insufficient information to provide an overview of customer satisfaction for 56501. Viewing the agent profiles, reviews and sales for 56501 can provide insights for this location.

Top agencies by market share

Over the 12 months RE/MAX LAKES REGION have sold 98 properties, which accounts for 17% of the property sales in 56501. This is followed by Counselor Realty of Detroit Lakes with 82 property sales (14%) and HomeSmart Adventure Realty at 69 property sales (12%).

RE/MAX LAKES REGION
17%
Counselor Realty of Detroit Lakes
14%
HomeSmart Adventure Realty
12%

The RateMyAgent Experience

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