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PETERSON, MN 55962

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$100,000
⇩ 73.6% vs $379,000 last year
Average Price
$100,000
⇩ 73.6% vs $379,000 last year
Days on Market
18

Market Context

Population: 819  ·  Density: 5.0/mi²  ·  Median household income: $65,250

Typical home value: $223,933  ·  Homeownership: 89.8%

Market Analysis

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

The PETERSON, MN real estate market (55962) currently shows 1 active listings. Homes are averaging 18 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

The median listing price has fallen 73.6% year-over-year, from $379,000 to $100,000.

Whether you are buying or selling in PETERSON, 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

Median & Average Pricing

Year over Year
  • Median: $100,000 (-73.6% YoY)
  • Average: $100,000 (-73.6% 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 27.2 miles — 98 listings ($42,721,516 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55962Peterson, MN 559620.0 mi1$100,000$100,000$100,000
55949Lanesboro, MN 559496.0 mi8$2,941,864$249,000$367,733
55943Houston, MN 5594313.1 mi4$1,433,200$365,000$358,300
55922Canton, MN 5592214.1 mi3$733,500$244,500$244,500
55974Spring Grove, MN 5597416.0 mi5$1,999,500$399,900$399,900
55923Chatfield, MN 5592318.0 mi14$8,419,726$434,750$601,409
55972Saint Charles, MN 5597219.1 mi4$2,214,400$645,000$553,600
55990Wykoff, MN 5599020.9 mi4$1,826,668$335,000$456,667
55921Caledonia, MN 5592121.2 mi17$4,601,050$244,900$270,650
55969Rollingstone, MN 5596922.2 mi2$140,000$70,000$70,000
55947La Crescent, MN 5594724.6 mi11$8,422,942$450,000$765,722
55934Eyota, MN 5593426.9 mi16$5,861,184$314,900$366,324
55975Spring Valley, MN 5597527.2 mi9$4,027,482$312,500$447,498

Frequently Asked Questions

How many homes are for sale in PETERSON, MN 55962?

As of January 2026, there are 1 active listings in PETERSON, MN (zip code 55962), compared to 1 the prior year.

What is the median home price in PETERSON, MN 55962?

The median listing price in PETERSON, MN 55962 is $100,000 as of January 2026, a 73.6% decrease from $379,000 the prior year.

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

Homes in PETERSON, MN 55962 spend an average of 18 days on the market before going under contract.

Is it a seller's or buyer's market in PETERSON, MN 55962?

Based on current inventory and days-on-market data as of January 2026, PETERSON, MN 55962 is currently a Balanced Market. Inventory levels are unchanged compared to last year.

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

With SELL123.com's maximum 3% commission, sellers in PETERSON, MN 55962 save an estimated $2,000 compared to a typical 5% commission on the median listing price of $100,000. 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.