The Unshakable Investor

Unshakable ZIP Data 56016 | Clarks Grove, MN Housing Market

Clarks Grove · Freeborn County · Albert Lea, MN metro · Minnesota · Data updated June 19, 2026

The median sale price in ZIP 56016, Clarks Grove, Minnesota is $274,543 at $119 per square foot. 2 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 50 days on market with 4.8 months of supply. Sellers are getting 94.8 percent of list price and 0.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$224,661
Average price per sq ft$97
Median sale price$274,543
Median sale price per sq ft$119
Median home size2,310 sq ft
Median new listing price$351,892+33.6%
National size rank23,799

Sales activity

MetricValueYear over year
Homes sold2+3.0%
Median days on market50 days
Months of supply4.8 months
New listings2-66.2%
Active listings4-42.1%
Pending sales1-79.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio94.8%-7.9 pts
Share sold above list0.0%-50.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

3-bedroom
$241,415

These figures describe the single-family market for Clarks Grove, Minnesota ZIP 56016. They are market context, not a substitute for sold comps or a formal appraisal.