Data as of September 2026. Source: Realtor.com.
The NICOLLET, MN real estate market (56074) currently shows 2 active listings, with 1 pending sales. Homes are averaging 26 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 taking longer to sell, averaging 26 days on market compared to 15 days last year.
The median listing price has risen 24.2% year-over-year, from $294,950 to $366,400.
Population: 1,716 · Density: 8.5/mi² · Median household income: $90,750
Typical home value: $241,095 · Homeownership: 77.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56074 | Nicollet, MN 56074 | 0.0 mi | 5 | $1,839,875 | $381,950 | $367,975 |
| 56003 | Mankato, MN 56003 | 9.5 mi | 31 | $12,272,714 | $344,925 | $395,894 |
| 56073 | New Ulm, MN 56073 | 13.2 mi | 36 | $11,559,744 | $299,450 | $321,104 |
| 56055 | Lake Crystal, MN 56055 | 13.7 mi | 15 | $3,924,390 | $229,900 | $261,626 |
| 56058 | Le Sueur, MN 56058 | 16.5 mi | 18 | $7,287,516 | $394,925 | $404,862 |
| 55396 | Winthrop, MN 55396 | 17.3 mi | 8 | $1,663,768 | $206,175 | $207,971 |
| 55307 | Arlington, MN 55307 | 19.6 mi | 10 | $2,539,780 | $224,000 | $253,978 |
| 56044 | Henderson, MN 56044 | 21.1 mi | 2 | $888,000 | $444,000 | $444,000 |
| 56062 | Madelia, MN 56062 | 21.8 mi | 5 | $1,374,500 | $309,900 | $274,900 |
| 56037 | Good Thunder, MN 56037 | 22.5 mi | 4 | $1,379,868 | $406,900 | $344,967 |
| 56057 | Le Center, MN 56057 | 24.3 mi | 5 | $1,907,875 | $327,450 | $381,575 |
| 56028 | Elysian, MN 56028 | 25.3 mi | 4 | $2,978,768 | $777,175 | $744,692 |
| 56085 | Sleepy Eye, MN 56085 | 26.5 mi | 8 | $1,848,200 | $213,650 | $231,025 |
As of September 2026, there are 2 active listings in NICOLLET, MN (zip code 56074), compared to 4 the prior year.
The median listing price in NICOLLET, MN 56074 is $366,400 as of September 2026, a 24.2% increase from $294,950 the prior year.
Homes in NICOLLET, MN 56074 spend an average of 26 days on the market before going under contract, compared to 15 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NICOLLET, MN 56074 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 26 days on market compared to 15 days last year.
With SELL123.com's maximum 3% commission, sellers in NICOLLET, MN 56074 save an estimated $7,328 compared to a typical 5% commission on the median listing price of $366,400. 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.