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COKATO, MN 55321

Real Estate Market Report  ·  Wright County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
vs 9 last year
Pending
4
44% pending ratio
Median Price
$364,450
⇧ 19.5% vs $305,000 last year
Average Price
$326,389
⇩ 24.6% vs $432,836 last year
Days on Market
68
⇧ 13.3% vs 60 days last year

Market Context

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

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

Market Analysis

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

The COKATO, MN real estate market (55321) currently shows 9 active listings, with 4 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 68 days on market compared to 60 days last year.

The median listing price has risen 19.5% year-over-year, from $305,000 to $364,450.

Whether you are buying or selling in COKATO, 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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 68 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $364,450 (+19.5% YoY)
  • Average: $326,389 (-24.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.4 miles — 219 listings ($115,679,883 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55321Cokato, MN 553210.0 mi9$2,937,501$364,450$326,389
55325Dassel, MN 553256.2 mi10$4,094,000$399,900$409,400
55381Silver Lake, MN 5538110.8 mi5$2,691,500$334,950$538,300
55324Darwin, MN 5532411.5 mi1$529,900$529,900$529,900
55363Montrose, MN 5536313.9 mi30$11,059,170$396,900$368,639
55354Lester Prairie, MN 5535415.0 mi4$1,339,600$334,900$334,900
55350Hutchinson, MN 5535016.2 mi39$17,305,431$350,000$443,729
55367New Germany, MN 5536717.1 mi2$1,950,000$975,000$975,000
55360Mayer, MN 5536017.8 mi14$6,026,230$429,990$430,445
55328Delano, MN 5532819.1 mi68$50,289,400$500,000$739,550
55388Watertown, MN 5538819.3 mi21$9,154,551$424,900$435,931
55320Clearwater, MN 5532022.2 mi11$6,752,900$499,900$613,900
55397Young America, MN 5539722.4 mi5$1,549,700$330,000$309,940

Frequently Asked Questions

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

As of January 2026, there are 9 active listings in COKATO, MN (zip code 55321), compared to 9 the prior year.

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

The median listing price in COKATO, MN 55321 is $364,450 as of January 2026, a 19.5% increase from $305,000 the prior year.

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

Homes in COKATO, MN 55321 spend an average of 68 days on the market before going under contract, compared to 60 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 January 2026, COKATO, MN 55321 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 68 days on market compared to 60 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 $7,289 compared to a typical 5% commission on the median listing price of $364,450. 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.