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IVANHOE, MN 56142

Real Estate Market Report  ·  Lincoln County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The IVANHOE, MN real estate market (56142) currently shows 1 active listings. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 65 days on market compared to 142 days last year.

The median listing price has risen 6.1% year-over-year, from $169,500 to $179,900.

Whether you are buying or selling in IVANHOE, 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: 998  ·  Density: 4.3/mi²  ·  Median household income: $65,833

Typical home value: $86,769  ·  Homeownership: 83.6%

Market Overview

Active Listings
1
⇩ 80% vs 5 last year
Pending
0
0% pending ratio
Median Price
$179,900
⇧ 6.1% vs $169,500 last year
Average Price
$179,900
⇧ 6.1% vs $169,500 last year
Days on Market
65
⇩ 54.2% vs 142 days last year

Price Per Square Foot

Median $/sqft
$79
⇩ 13.2% vs $91/sqft last year
Median Home Size
2,350 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 5 last year
  • Days on market: 65 now vs 142 last year

Median & Average Pricing

Year over Year
  • Median: $179,900 (+6.1% YoY)
  • Average: $179,900 (+6.1% 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 31.5 miles — 108 listings ($37,017,110 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56142Ivanhoe, MN 561420.0 mi4$719,600$179,900$179,900
56280Porter, MN 5628011.6 mi1$122,500$122,500$122,500
56291Taunton, MN 5629113.2 mi1$370,000$370,000$370,000
56264Minneota, MN 5626414.4 mi2$124,500$62,250$62,250
56157Lynd, MN 5615715.0 mi1$1,285,000$1,285,000$1,285,000
56220Canby, MN 5622018.2 mi9$1,651,500$152,500$183,500
57218Brandt, SD 5721822.0 mi1$480,000$480,000$480,000
56115Balaton, MN 5611524.2 mi4$1,280,000$325,000$320,000
56139Holland, MN 5613925.5 mi2$514,900$257,450$257,450
56229Cottonwood, MN 5622926.4 mi2$428,250$214,125$214,125
56223Clarkfield, MN 5622328.7 mi6$701,760$80,000$116,960
57006Brookings, SD 5700629.8 mi75$29,339,100$354,900$391,188
56186Woodstock, MN 5618631.5 mi0$0$49,900$49,900

Frequently Asked Questions

How many homes are for sale in IVANHOE, MN 56142?

As of March 2026, there are 1 active listings in IVANHOE, MN (zip code 56142), compared to 5 the prior year.

What is the median home price in IVANHOE, MN 56142?

The median listing price in IVANHOE, MN 56142 is $179,900 as of March 2026, a 6.1% increase from $169,500 the prior year.

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

Homes in IVANHOE, MN 56142 spend an average of 65 days on the market before going under contract, compared to 142 days the prior year.

Is it a seller's or buyer's market in IVANHOE, MN 56142?

Based on current inventory and days-on-market data as of March 2026, IVANHOE, MN 56142 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 65 days on market compared to 142 days last year.

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

With SELL123.com's maximum 3% commission, sellers in IVANHOE, MN 56142 save an estimated $3,598 compared to a typical 5% commission on the median listing price of $179,900. 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.