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BUTTERFIELD, MN 56120

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

Market Analysis

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

The BUTTERFIELD, MN real estate market (56120) currently shows 6 active listings, with 1 pending sales. Homes are averaging 52 days on the market before going under contract.

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Market Context

Market Context

Population: 991  ·  Density: 3.8/mi²  ·  Median household income: $70,809

Typical home value: $87,723  ·  Homeownership: 88.9%

Market Overview

Active Listings
6
—
Pending
1
17% pending ratio
Median Price
$186,000
—
Average Price
$178,450
—
Days on Market
52
—

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 28.8 miles — 148 listings ($39,974,895 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56120Butterfield, MN 561200.0 mi6$1,070,700$186,000$178,450
56081Saint James, MN 560818.3 mi29$6,002,159$190,950$206,971
56162Ormsby, MN 5616210.4 mi1$48,500$48,500$48,500
56118Bingham Lake, MN 5611812.3 mi1$149,000$149,000$149,000
56060Lewisville, MN 5606017.8 mi1$159,950$159,950$159,950
56088Truman, MN 5608819.4 mi12$2,455,260$210,000$204,605
56145Jeffers, MN 5614520.1 mi1$120,000$120,000$120,000
56181Welcome, MN 5618121.3 mi6$2,087,682$322,250$347,947
56111Alpha, MN 5611122.5 mi2$798,000$399,000$399,000
56083Sanborn, MN 5608324.1 mi1$350,000$350,000$350,000
56090Vernon Center, MN 5609027.8 mi2$450,000$225,000$225,000
56031Fairmont, MN 5603128.4 mi50$14,723,900$259,600$294,478
56073New Ulm, MN 5607328.8 mi36$11,559,744$299,450$321,104

Frequently Asked Questions

How many homes are for sale in BUTTERFIELD, MN 56120?

As of September 2026, there are 6 active listings in BUTTERFIELD, MN (zip code 56120).

What is the median home price in BUTTERFIELD, MN 56120?

The median listing price in BUTTERFIELD, MN 56120 is $186,000 as of September 2026.

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

Homes in BUTTERFIELD, MN 56120 spend an average of 52 days on the market before going under contract.

Is it a seller's or buyer's market in BUTTERFIELD, MN 56120?

Based on current inventory and days-on-market data as of September 2026, BUTTERFIELD, MN 56120 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in BUTTERFIELD, MN 56120 save an estimated $3,720 compared to a typical 5% commission on the median listing price of $186,000. 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.