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MINNESOTA LAKE, MN 56068

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

Market Analysis

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

The MINNESOTA LAKE, MN real estate market (56068) currently shows 5 active listings, with 3 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 20 days on market compared to 78 days last year.

The median listing price has fallen 14.5% year-over-year, from $190,000 to $162,500.

Whether you are buying or selling in MINNESOTA LAKE, 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: 984  ·  Density: 5.8/mi²  ·  Median household income: $73,229

Typical home value: $148,915  ·  Homeownership: 81.7%

Market Overview

Active Listings
5
⇧ 400% vs 1 last year
Pending
3
60% pending ratio
Median Price
$162,500
⇩ 14.5% vs $190,000 last year
Average Price
$162,500
⇩ 14.5% vs $190,000 last year
Days on Market
20
⇩ 74.4% vs 78 days last year

Price Per Square Foot

Median $/sqft
$116
⇧ 14.9% vs $101/sqft last year
Median Home Size
1,860 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 1 last year
  • Days on market: 20 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $162,500 (-14.5% YoY)
  • Average: $162,500 (-14.5% 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 23.1 miles — 76 listings ($20,796,304 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56068Minnesota Lake, MN 560680.0 mi3$737,100$245,700$245,700
56065Mapleton, MN 560657.4 mi8$1,853,832$149,900$231,729
56078Pemberton, MN 5607810.0 mi2$379,950$189,975$189,975
56023Delavan, MN 5602312.1 mi1$139,900$139,900$139,900
56072New Richland, MN 5607214.8 mi6$1,395,240$229,900$232,540
56037Good Thunder, MN 5603716.0 mi4$1,379,868$406,900$344,967
56048Janesville, MN 5604816.6 mi7$2,631,356$321,975$375,908
56010Amboy, MN 5601018.7 mi1$209,900$209,900$209,900
56024Eagle Lake, MN 5602419.8 mi8$3,311,304$374,900$413,913
56093Waseca, MN 5609319.9 mi27$7,458,804$309,625$276,252
56047Huntley, MN 5604721.6 mi1$110,000$110,000$110,000
56090Vernon Center, MN 5609022.2 mi2$450,000$225,000$225,000
56051Kiester, MN 5605123.1 mi6$739,050$120,975$123,175

Frequently Asked Questions

How many homes are for sale in MINNESOTA LAKE, MN 56068?

As of March 2026, there are 5 active listings in MINNESOTA LAKE, MN (zip code 56068), compared to 1 the prior year.

What is the median home price in MINNESOTA LAKE, MN 56068?

The median listing price in MINNESOTA LAKE, MN 56068 is $162,500 as of March 2026, a 14.5% decrease from $190,000 the prior year.

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

Homes in MINNESOTA LAKE, MN 56068 spend an average of 20 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in MINNESOTA LAKE, MN 56068?

Based on current inventory and days-on-market data as of March 2026, MINNESOTA LAKE, MN 56068 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 20 days on market compared to 78 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MINNESOTA LAKE, MN 56068 save an estimated $3,250 compared to a typical 5% commission on the median listing price of $162,500. 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.