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CLEVELAND, MN 56017

Real Estate Market Report  ·  Le Sueur County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇩ 20% vs 10 last year
Pending
2
25% pending ratio
Median Price
$314,900
⇩ 14.9% vs $369,900 last year
Average Price
$466,940
⇩ 6% vs $496,625 last year
Days on Market
21
⇩ 69.6% vs 69 days last year

Market Context

Population: 1,851  ·  Density: 24.5/mi²  ·  Median household income: $94,125

Typical home value: $288,335  ·  Homeownership: 83.2%

Market Analysis

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

The CLEVELAND, MN real estate market (56017) currently shows 8 active listings, with 2 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 21 days on market compared to 69 days last year.

The median listing price has fallen 14.9% year-over-year, from $369,900 to $314,900.

Whether you are buying or selling in CLEVELAND, 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
  • Listings: 8 this year vs 10 last year
  • Days on market: 21 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $314,900 (-14.9% YoY)
  • Average: $466,940 (-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 24.5 miles — 255 listings ($94,493,452 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56017Cleveland, MN 560170.0 mi8$3,735,520$314,900$466,940
56050Kasota, MN 560507.1 mi3$1,192,200$397,400$397,400
56057Le Center, MN 560577.9 mi7$2,216,431$302,450$316,633
56024Eagle Lake, MN 5602411.0 mi12$5,391,756$424,900$449,313
56096Waterville, MN 5609611.6 mi13$4,285,099$267,450$329,623
56001Mankato, MN 5600114.3 mi108$42,899,976$319,900$397,222
56069Montgomery, MN 5606915.4 mi30$10,583,850$345,400$352,795
56080Saint Clair, MN 5608015.6 mi2$454,800$227,400$227,400
56074Nicollet, MN 5607419.0 mi5$1,839,875$381,950$367,975
56071New Prague, MN 5607119.7 mi26$11,660,480$442,450$448,480
56078Pemberton, MN 5607820.9 mi1$190,000$190,000$190,000
56093Waseca, MN 5609322.5 mi23$5,717,271$219,900$248,577
56055Lake Crystal, MN 5605524.5 mi17$4,326,194$219,900$254,482

Frequently Asked Questions

How many homes are for sale in CLEVELAND, MN 56017?

As of January 2026, there are 8 active listings in CLEVELAND, MN (zip code 56017), compared to 10 the prior year.

What is the median home price in CLEVELAND, MN 56017?

The median listing price in CLEVELAND, MN 56017 is $314,900 as of January 2026, a 14.9% decrease from $369,900 the prior year.

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

Homes in CLEVELAND, MN 56017 spend an average of 21 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in CLEVELAND, MN 56017?

Based on current inventory and days-on-market data as of January 2026, CLEVELAND, MN 56017 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 69 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CLEVELAND, MN 56017 save an estimated $6,298 compared to a typical 5% commission on the median listing price of $314,900. 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.