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LEOTA, MN 56153

Real Estate Market Report  ·  Nobles County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The LEOTA, MN real estate market (56153) currently shows 1 active listings. Homes are averaging 42 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 42 days on market compared to 186 days last year.

The median listing price has fallen 64.5% year-over-year, from $229,900 to $81,500.

Whether you are buying or selling in LEOTA, 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: 138  ·  Density: 19.6/mi²  ·  Median household income: $54,861

Typical home value: $94,711  ·  Homeownership: 94.5%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$81,500
⇩ 64.5% vs $229,900 last year
Average Price
$81,500
⇩ 64.5% vs $229,900 last year
Days on Market
42
⇩ 77.4% vs 186 days last year

Price Per Square Foot

Median $/sqft
$63
⇩ 48.8% vs $123/sqft last year
Median Home Size
1,536 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 42 now vs 186 last year

Median & Average Pricing

Year over Year
  • Median: $81,500 (-64.5% YoY)
  • Average: $81,500 (-64.5% 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 27.2 miles — 94 listings ($33,692,083 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56147Kenneth, MN 561475.5 mi0$0$180,000$180,000
56128Edgerton, MN 561286.2 mi9$3,242,817$239,900$360,313
56134Hardwick, MN 5613411.1 mi3$809,700$269,900$269,900
56186Woodstock, MN 5618614.1 mi0$0$49,900$49,900
56110Adrian, MN 5611014.9 mi7$1,304,730$199,500$186,390
56165Reading, MN 5616516.9 mi1$279,500$279,500$279,500
56168Rushmore, MN 5616818.2 mi2$255,500$127,750$127,750
56139Holland, MN 5613920.5 mi2$514,900$257,450$257,450
56131Fulda, MN 5613122.2 mi15$4,857,270$285,000$323,818
56116Beaver Creek, MN 5611623.4 mi4$3,599,600$899,900$899,900
56187Worthington, MN 5618725.8 mi37$11,843,626$300,875$320,098
57030Garretson, SD 5703026.8 mi12$6,704,640$399,900$558,720
56123Currie, MN 5612327.2 mi2$279,800$139,900$139,900

Frequently Asked Questions

How many homes are for sale in LEOTA, MN 56153?

As of July 2026, there are 1 active listings in LEOTA, MN (zip code 56153), compared to 1 the prior year.

What is the median home price in LEOTA, MN 56153?

The median listing price in LEOTA, MN 56153 is $81,500 as of July 2026, a 64.5% decrease from $229,900 the prior year.

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

Homes in LEOTA, MN 56153 spend an average of 42 days on the market before going under contract, compared to 186 days the prior year.

Is it a seller's or buyer's market in LEOTA, MN 56153?

Based on current inventory and days-on-market data as of July 2026, LEOTA, MN 56153 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 42 days on market compared to 186 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEOTA, MN 56153 save an estimated $1,630 compared to a typical 5% commission on the median listing price of $81,500. 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.