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DUNNELL, MN 56127

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

Market Analysis

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

The DUNNELL, MN real estate market (56127) currently shows 2 active listings. Homes are averaging 61 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 61 days on market compared to 49 days last year.

The median listing price has risen 265.6% year-over-year, from $80,000 to $292,450.

Whether you are buying or selling in DUNNELL, 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: 539  ·  Density: 3.8/mi²  ·  Median household income: $46,875

Typical home value: $86,235  ·  Homeownership: 60.4%

Market Overview

Active Listings
2
vs 2 last year
Pending
0
0% pending ratio
Median Price
$292,450
⇧ 265.6% vs $80,000 last year
Average Price
$292,450
⇧ 265.6% vs $80,000 last year
Days on Market
61
⇧ 24.5% vs 49 days last year

Price Per Square Foot

Median $/sqft
$101
⇧ 320.8% vs $24/sqft last year
Median Home Size
2,854 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 61 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $292,450 (+265.6% YoY)
  • Average: $292,450 (+265.6% 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
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 26.3 miles — 190 listings ($91,286,174 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56127Dunnell, MN 561270.0 mi1$195,000$195,000$195,000
56171Sherburn, MN 561718.3 mi10$2,197,500$144,000$219,750
50531Dolliver, IA 5053110.1 mi1$199,900$199,900$199,900
56181Welcome, MN 5618112.0 mi6$2,087,682$322,250$347,947
56031Fairmont, MN 5603116.1 mi50$14,723,900$259,600$294,478
51365Wallingford, IA 5136516.9 mi3$312,624$97,225$104,208
50514Armstrong, IA 5051417.7 mi5$859,875$171,975$171,975
56160Odin, MN 5616019.7 mi2$229,800$114,900$114,900
56162Ormsby, MN 5616220.8 mi1$48,500$48,500$48,500
51355Okoboji, IA 5135521.5 mi71$39,760,781$269,000$560,011
56150Lakefield, MN 5615022.8 mi8$1,402,832$157,000$175,354
56088Truman, MN 5608825.0 mi12$2,455,260$210,000$204,605
51351Milford, IA 5135126.3 mi20$26,812,520$732,250$1,340,626

Frequently Asked Questions

How many homes are for sale in DUNNELL, MN 56127?

As of March 2026, there are 2 active listings in DUNNELL, MN (zip code 56127), compared to 2 the prior year.

What is the median home price in DUNNELL, MN 56127?

The median listing price in DUNNELL, MN 56127 is $292,450 as of March 2026, a 265.6% increase from $80,000 the prior year.

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

Homes in DUNNELL, MN 56127 spend an average of 61 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in DUNNELL, MN 56127?

Based on current inventory and days-on-market data as of March 2026, DUNNELL, MN 56127 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 61 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DUNNELL, MN 56127 save an estimated $5,849 compared to a typical 5% commission on the median listing price of $292,450. 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.