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Branch

NORTH BRANCH, MN 55056

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55056

Branch

Market Analysis

Data as of July 2026. Source: Realtor.com.

The NORTH BRANCH, MN real estate market (55056) currently shows 106 active listings, with 33 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 49 days on market compared to 31 days last year.

The median listing price has risen 11.6% year-over-year, from $357,412 to $398,950.

Whether you are buying or selling in NORTH BRANCH, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,206  ·  Density: 55.1/mi²  ·  Median household income: $94,631

Typical home value: $272,124  ·  Homeownership: 86.6%

Market Overview

Active Listings
106
⇩ 1.9% vs 108 last year
Pending
33
31% pending ratio
Median Price
$398,950
⇧ 11.6% vs $357,412 last year
Average Price
$483,167
⇧ 16.8% vs $413,547 last year
Days on Market
49
⇧ 58.1% vs 31 days last year

Price Per Square Foot

Median $/sqft
$225
⇩ 16% vs $268/sqft last year
Median Home Size
1,926 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 106 this year vs 108 last year
  • Days on market: 49 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $398,950 (+11.6% YoY)
  • Average: $483,167 (+16.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 409 listings ($204,400,055 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55056North Branch, MN 550560.0 mi77$31,038,392$358,900$403,096
55079Stacy, MN 550797.6 mi16$9,526,192$577,400$595,387
55045Lindstrom, MN 550459.8 mi24$10,651,080$438,700$443,795
55084Taylors Falls, MN 5508412.4 mi2$679,800$339,900$339,900
55092Wyoming, MN 5509213.2 mi31$14,473,373$452,082$466,883
55029Grandy, MN 5502914.8 mi1$239,900$239,900$239,900
55005Bethel, MN 5500515.1 mi20$9,051,520$432,450$452,576
55040Isanti, MN 5504016.0 mi63$26,736,507$389,950$424,389
55025Forest Lake, MN 5502517.3 mi67$42,728,111$471,150$637,733
55011Cedar, MN 5501118.6 mi46$29,845,260$672,492$648,810
54824Centuria, WI 5482420.2 mi2$749,800$374,900$374,900
54840Grantsburg, WI 5484021.3 mi15$8,161,605$238,250$544,107
55070Saint Francis, MN 5507021.9 mi45$20,518,515$403,700$455,967

Frequently Asked Questions

How many homes are for sale in NORTH BRANCH, MN 55056?

As of July 2026, there are 106 active listings in NORTH BRANCH, MN (zip code 55056), compared to 108 the prior year.

What is the median home price in NORTH BRANCH, MN 55056?

The median listing price in NORTH BRANCH, MN 55056 is $398,950 as of July 2026, a 11.6% increase from $357,412 the prior year.

How long do homes stay on the market in NORTH BRANCH, MN?

Homes in NORTH BRANCH, MN 55056 spend an average of 49 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in NORTH BRANCH, MN 55056?

Based on current inventory and days-on-market data as of July 2026, NORTH BRANCH, MN 55056 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 31 days last year.

How much can I save on real estate commission in NORTH BRANCH, MN?

With SELL123.com's maximum 3% commission, sellers in NORTH BRANCH, MN 55056 save an estimated $7,979 compared to a typical 5% commission on the median listing price of $398,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.