Start Free
All market snapshots / 56308

Alexandria, MN 56308 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Alexandria, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.23
ActiveActive listings: 3131PendingPending sales: 77
Alexandria, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $280k$280kSoldMedian sold price (last 6 months): $381k$381k
What homes actually sell for in Alexandria, MN
Distribution of 297 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $276k to $560k
$129k to $245k: 47 sales$129k$245k to $360k: 71 sales71sales$360k to $476k: 65 sales$360k$476k to $592k: 35 sales$592k to $708k: 23 sales$592k$708k to $824k: 12 sales$824k to $939k: 11 sales$824k$939k to $1.06M: 4 salesMedian $381k

What the numbers say

As of September 14, 2026, Resideline is tracking 31 active listings and 7 pending sales in ZIP code 56308. That pending-to-active ratio of 0.23 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $279,900, while the median of the 297 closed sales Resideline tracked over the last six months was $381,200. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 56308 for 53 days.

Frequently asked questions

What is the median home price in 56308?

The median closed sale price in Alexandria, MN 56308 was $381,200 over the last six months, based on 297 closed sales tracked by Resideline. The middle half of those sales ranged from $276,000 to $560,000.

Is 56308 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 31 active listings in 56308, a pending-to-active ratio of 0.23. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 56308 currently looks like a balanced market.

Nearby ZIP code market data

Full Alexandria, MN housing market report →
Run any 56308 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.