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COKATO, MN 55321

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

Market Analysis

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

The COKATO, MN real estate market (55321) currently shows 12 active listings, with 2 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 57 days on market compared to 52 days last year.

The median listing price has risen 20.1% year-over-year, from $319,675 to $384,000.

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Market Context

Market Context

Population: 5,473  ·  Density: 26.1/mi²  ·  Median household income: $76,287

Typical home value: $247,781  ·  Homeownership: 78.7%

Market Overview

Active Listings
12
⇩ 42.9% vs 21 last year
Pending
2
17% pending ratio
Median Price
$384,000
⇧ 20.1% vs $319,675 last year
Average Price
$502,596
⇧ 59% vs $316,067 last year
Days on Market
57
⇧ 9.6% vs 52 days last year

Price Per Square Foot

Median $/sqft
$362
⇧ 104.5% vs $177/sqft last year
Median Home Size
1,641 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 21 last year
  • Days on market: 57 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $384,000 (+20.1% YoY)
  • Average: $502,596 (+59% 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 22.4 miles — 247 listings ($126,902,922 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55321Cokato, MN 553210.0 mi9$2,912,967$364,113$323,663
55325Dassel, MN 553256.2 mi11$5,169,538$457,400$469,958
55381Silver Lake, MN 5538110.8 mi4$1,585,000$396,250$396,250
55324Darwin, MN 5532411.5 mi1$529,900$529,900$529,900
55363Montrose, MN 5536313.9 mi28$10,499,720$394,924$374,990
55354Lester Prairie, MN 5535415.0 mi3$1,194,900$355,000$398,300
55350Hutchinson, MN 5535016.2 mi48$22,030,176$387,450$458,962
55367New Germany, MN 5536717.1 mi3$2,124,924$784,975$708,308
55360Mayer, MN 5536017.8 mi15$6,697,230$433,400$446,482
55328Delano, MN 5532819.1 mi73$49,944,337$482,248$684,169
55388Watertown, MN 5538819.3 mi30$13,791,030$421,900$459,701
55320Clearwater, MN 5532022.2 mi12$6,939,000$471,225$578,250
55397Young America, MN 5539722.4 mi10$3,484,200$359,900$348,420

Frequently Asked Questions

How many homes are for sale in COKATO, MN 55321?

As of September 2026, there are 12 active listings in COKATO, MN (zip code 55321), compared to 21 the prior year.

What is the median home price in COKATO, MN 55321?

The median listing price in COKATO, MN 55321 is $384,000 as of September 2026, a 20.1% increase from $319,675 the prior year.

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

Homes in COKATO, MN 55321 spend an average of 57 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in COKATO, MN 55321?

Based on current inventory and days-on-market data as of September 2026, COKATO, MN 55321 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 52 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COKATO, MN 55321 save an estimated $7,680 compared to a typical 5% commission on the median listing price of $384,000. 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.