1241 40th St, Ceylon, MN 56121
OFF MARKET

1241 40th St
Ceylon, MN 56121

  • 1 Bed
  • 1 Bath
  • 1,308 sqft (on 49.32 acres)

$387,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,369/mo*

$387,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $2,369/mo*
1 Bed
1 Bath
1,308 sqft
(on 49.32 acres)

Home Value

Trulia Estimate
$388K
Since last month
Increased$12K (+3.1%)
Since last year
Decreased$19K (-4.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +166% in the last 10 years
MonthEstimated value
2026
August 2026$404K
July 2026$392K
May 2026$396K
April 2026$402K
March 2026$418K
February 2026$384K
January 2026$394K
2025
2023
2022
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.55
Single-Family Home
$7,400
10/17/25
2
1
1,386
0.60
Single-Family Home
$50,000
08/14/26
3
1
1,350
0.77
Single-Family Home
$4,290
02/18/26
1
1
672
0.77
Single-Family Home
$20,000
11/03/25
3
2
1,456
0.78
Single-Family Home
$85,000
10/29/25
4
1.5
1,304
0.62
Single-Family Home
$58,502
03/10/26
4
2.5
1,948
0.99
Single-Family Home
$127,000
08/14/26
3
2.5
2,598
1.70
Single-Family Home
$530,000
10/20/25
3
2
2,471
1.70
Single-Family Home
$565,000
08/14/26
3
2.5
3,428

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.55
$69,700
2
1
896
Off Market
0.60
$50,000
3
1
1,350
Recently Sold
0.62
$58,502
4
2.5
1,948
Recently Sold
0.67
$170,000
4
2
2,376
For Sale
0.70
$191,900
4
2.5
3,389
Off Market
0.71
$150,000
2
1
1,040
For Sale
0.78
$85,000
4
1.5
1,304
Recently Sold
0.78
$205,400
2
3.5
-
Off Market
0.87
-
2
1
756
Off Market
0.89
$64,700
2
1
864
Off Market

Local Information

  • Map ViewExplore the area around 1241 40th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1930
Lot Size
49.32 acres
Living Area
1,308 sqft
Price/Sqft
$296

About this House

This single-family home is located at 1241 40th St, Ceylon, MN. 1241 40th St is in Ceylon, MN and in ZIP code 56121. This property has 1 bedroom, 1 bathroom and approximately 1,308 sqft of floor space. This property has a lot size of 49.32 acres and was built in 1930.
1241 40th St, Ceylon, MN 56121 is a 1 bedroom, 1 bathroom, 1,308 sqft single-family home built in 1930. It is currently off market. The Trulia Estimate is $387,700, with a rent estimate of $816/month.

Home Details for 1241 40th St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: WallHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5
Interior Details
Number of Rooms: 7

Exterior Features

Exterior Home Features
Roof: MetalExterior: Wood

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Single Family HomeArchitecture: conventional

Lot Information

Lot Area: 49.32 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,142
$513,600
Home facts updated by county records

Market trends in Ceylon

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
5
2
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

LGBTQ Local Legal Protections

Frequently asked questions about 1241 40th St

  • What is 1241 40th St estimated to be worth?
    Trulia's estimated value for 1241 40th St in Ceylon, MN is $387,700.
  • Is Ceylon a buyer's or seller's market?
    Ceylon is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 1241 40th St?
    The closest schools to 1241 40th St in Ceylon, MN are Fairmont Elementary School (Pre-K, rated 3/10), Fairmont High School (Middle, rated 6/10).
  • Does 1241 40th St have air conditioning?
    Yes, 1241 40th St in Ceylon, MN has air conditioning.
  • How big is the lot at 1241 40th St?
    The lot at 1241 40th St in Ceylon, MN is about 49.3 acres.

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