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CALEDONIA, MN 55921

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

Market Analysis

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

The CALEDONIA, MN real estate market (55921) currently shows 13 active listings, with 4 pending sales. Homes are averaging 163 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 163 days on market compared to 36 days last year.

The median listing price has fallen 4.9% year-over-year, from $232,400 to $221,000.

Whether you are buying or selling in CALEDONIA, 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 Context

Market Context

Population: 4,608  ·  Density: 10.2/mi²  ·  Median household income: $69,208

Typical home value: $180,522  ·  Homeownership: 78.9%

Market Overview

Active Listings
13
⇩ 31.6% vs 19 last year
Pending
4
31% pending ratio
Median Price
$221,000
⇩ 4.9% vs $232,400 last year
Average Price
$308,910
⇧ 0.3% vs $308,133 last year
Days on Market
163
⇧ 352.8% vs 36 days last year

Price Per Square Foot

Median $/sqft
$151
⇩ 5.6% vs $160/sqft last year
Median Home Size
1,684 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 19 last year
  • Days on market: 163 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $221,000 (-4.9% YoY)
  • Average: $308,910 (+0.3% 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 24.6 miles — 158 listings ($65,068,875 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55921Caledonia, MN 559210.0 mi17$4,730,471$236,675$278,263
55919Brownsville, MN 559198.5 mi1$394,950$394,950$394,950
52160New Albin, IA 5216012.1 mi1$299,900$299,900$299,900
55943Houston, MN 5594313.0 mi4$1,454,600$363,650$363,650
55947La Crescent, MN 5594714.9 mi15$12,303,690$504,700$820,246
55954Mabel, MN 5595416.6 mi9$1,911,240$210,000$212,360
54603La Crosse, WI 5460319.5 mi21$4,574,094$217,450$217,814
55925Dakota, MN 5592519.8 mi3$2,961,126$744,975$987,042
54601La Crosse, WI 5460120.1 mi51$22,858,710$353,700$448,210
55962Peterson, MN 5596221.2 mi3$1,298,901$599,000$432,967
54623Coon Valley, WI 5462322.8 mi3$897,501$255,000$299,167
52101Decorah, IA 5210123.8 mi24$9,167,952$358,000$381,998
55949Lanesboro, MN 5594924.6 mi6$2,215,740$226,500$369,290

Frequently Asked Questions

How many homes are for sale in CALEDONIA, MN 55921?

As of March 2026, there are 13 active listings in CALEDONIA, MN (zip code 55921), compared to 19 the prior year.

What is the median home price in CALEDONIA, MN 55921?

The median listing price in CALEDONIA, MN 55921 is $221,000 as of March 2026, a 4.9% decrease from $232,400 the prior year.

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

Homes in CALEDONIA, MN 55921 spend an average of 163 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in CALEDONIA, MN 55921?

Based on current inventory and days-on-market data as of March 2026, CALEDONIA, MN 55921 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 163 days on market compared to 36 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CALEDONIA, MN 55921 save an estimated $4,420 compared to a typical 5% commission on the median listing price of $221,000. 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.