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LEOTA, MN 56153

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

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
1
100% pending ratio
Median Price
$97,500
⇩ 56.9% vs $226,175 last year
Average Price
$97,500
⇩ 56.9% vs $226,175 last year
Days on Market
60
⇧ 400% vs 12 days last year

Market Context

Population: 138  ·  Density: 19.6/mi²  ·  Median household income: $54,861

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

Market Analysis

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

The LEOTA, MN real estate market (56153) currently shows 1 active listings, with 1 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60 days on market compared to 12 days last year.

The median listing price has fallen 56.9% year-over-year, from $226,175 to $97,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 60 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $97,500 (-56.9% YoY)
  • Average: $97,500 (-56.9% 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 27.2 miles — 132 listings ($42,665,382 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56153Leota, MN 561530.0 mi1$97,500$97,500$97,500
56128Edgerton, MN 561286.2 mi10$3,591,560$239,900$359,156
56134Hardwick, MN 5613411.1 mi4$1,079,600$269,900$269,900
56158Magnolia, MN 5615813.9 mi1$180,000$180,000$180,000
56151Lake Wilson, MN 5615114.7 mi4$1,324,000$331,000$331,000
56156Luverne, MN 5615615.6 mi29$7,871,412$237,450$271,428
56172Slayton, MN 5617217.5 mi11$4,770,590$367,500$433,690
56144Jasper, MN 5614418.6 mi3$513,978$173,977$171,326
56164Pipestone, MN 5616421.9 mi25$6,929,275$156,000$277,171
56114Avoca, MN 5611423.4 mi2$740,000$370,000$370,000
56187Worthington, MN 5618725.8 mi33$10,979,463$314,950$332,711
57030Garretson, SD 5703026.8 mi8$4,448,104$366,400$556,013
56123Currie, MN 5612327.2 mi1$139,900$139,900$139,900

Frequently Asked Questions

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

As of January 2026, there are 1 active listings in LEOTA, MN (zip code 56153), compared to 2 the prior year.

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

The median listing price in LEOTA, MN 56153 is $97,500 as of January 2026, a 56.9% decrease from $226,175 the prior year.

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

Homes in LEOTA, MN 56153 spend an average of 60 days on the market before going under contract, compared to 12 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 January 2026, LEOTA, MN 56153 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 60 days on market compared to 12 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 $1,950 compared to a typical 5% commission on the median listing price of $97,500. 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.