Population: 6,352 · Density: 14.7/mi² · Median household income: $77,813
Typical home value: $188,270 · Homeownership: 75.9%
Data as of January 2026. Source: Realtor.com.
The LUVERNE, MN real estate market (56156) currently shows 29 active listings, with 6 pending sales. Homes are averaging 103 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 103 days on market compared to 69 days last year.
The median listing price has fallen 23.4% year-over-year, from $309,900 to $237,450.
Whether you are buying or selling in LUVERNE, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56156 | Luverne, MN 56156 | 0.0 mi | 29 | $7,871,412 | $237,450 | $271,428 |
| 56116 | Beaver Creek, MN 56116 | 8.3 mi | 5 | $3,719,600 | $525,000 | $743,920 |
| 56147 | Kenneth, MN 56147 | 10.5 mi | 1 | $180,000 | $180,000 | $180,000 |
| 56110 | Adrian, MN 56110 | 14.5 mi | 5 | $1,037,000 | $203,250 | $207,400 |
| 56144 | Jasper, MN 56144 | 14.8 mi | 3 | $513,978 | $173,977 | $171,326 |
| 56128 | Edgerton, MN 56128 | 16.1 mi | 10 | $3,591,560 | $239,900 | $359,156 |
| 51246 | Rock Rapids, IA 51246 | 16.5 mi | 28 | $8,484,336 | $314,350 | $303,012 |
| 57005 | Brandon, SD 57005 | 18.8 mi | 74 | $39,889,404 | $421,950 | $539,046 |
| 56168 | Rushmore, MN 56168 | 21.3 mi | 2 | $356,000 | $178,000 | $178,000 |
| 57110 | Sioux Falls, SD 57110 | 22.2 mi | 241 | $136,265,497 | $492,800 | $565,417 |
| 57103 | Sioux Falls, SD 57103 | 24.9 mi | 98 | $35,953,260 | $284,000 | $366,870 |
| 51235 | Doon, IA 51235 | 25.4 mi | 4 | $911,500 | $218,250 | $227,875 |
| 56165 | Reading, MN 56165 | 26.1 mi | 1 | $289,500 | $289,500 | $289,500 |
As of January 2026, there are 29 active listings in LUVERNE, MN (zip code 56156), compared to 26 the prior year.
The median listing price in LUVERNE, MN 56156 is $237,450 as of January 2026, a 23.4% decrease from $309,900 the prior year.
Homes in LUVERNE, MN 56156 spend an average of 103 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LUVERNE, MN 56156 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 103 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in LUVERNE, MN 56156 save an estimated $4,749 compared to a typical 5% commission on the median listing price of $237,450. 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.