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IVANHOE, MN 56142

Real Estate Market Report  ·  Lincoln County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
vs 4 last year
Pending
2
50% pending ratio
Median Price
$149,450
⇧ 1.7% vs $147,000 last year
Average Price
$149,450
⇩ 1.7% vs $152,000 last year
Days on Market
70
⇩ 28.6% vs 98 days last year

Market Context

Population: 998  ·  Density: 4.3/mi²  ·  Median household income: $65,833

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

Market Analysis

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

The IVANHOE, MN real estate market (56142) currently shows 4 active listings, with 2 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 70 days on market compared to 98 days last year.

The median listing price has risen 1.7% year-over-year, from $147,000 to $149,450.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 70 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $149,450 (+1.7% YoY)
  • Average: $149,450 (-1.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.4 miles — 89 listings ($26,594,225 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56142Ivanhoe, MN 561420.0 mi4$597,800$149,450$149,450
56136Hendricks, MN 561369.3 mi1$89,000$89,000$89,000
56149Lake Benton, MN 5614912.3 mi7$1,602,720$89,900$228,960
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 mi5$961,250$135,000$192,250
56258Marshall, MN 5625823.5 mi16$4,141,520$190,000$258,845
57002Aurora, SD 5700225.4 mi6$2,049,600$339,900$341,600
57237Gary, SD 5723726.3 mi2$1,014,900$507,450$507,450
56218Boyd, MN 5621828.3 mi3$792,000$264,000$264,000
56164Pipestone, MN 5616429.6 mi25$6,929,275$156,000$277,171
56132Garvin, MN 5613230.0 mi5$3,199,900$735,000$639,980
57226Clear Lake, SD 5722632.4 mi12$3,806,760$312,450$317,230

Frequently Asked Questions

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

As of January 2026, there are 4 active listings in IVANHOE, MN (zip code 56142), compared to 4 the prior year.

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

The median listing price in IVANHOE, MN 56142 is $149,450 as of January 2026, a 1.7% increase from $147,000 the prior year.

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

Homes in IVANHOE, MN 56142 spend an average of 70 days on the market before going under contract, compared to 98 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 January 2026, IVANHOE, MN 56142 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 70 days on market compared to 98 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 $2,989 compared to a typical 5% commission on the median listing price of $149,450. 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.