Data as of July 2026. Source: Realtor.com.
The OKABENA, MN real estate market (56161) currently shows 2 active listings, with 1 pending sales. Homes are averaging 73 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 73 days on market compared to 72 days last year.
The median listing price has fallen 51.4% year-over-year, from $370,000 to $180,000.
Whether you are buying or selling in OKABENA, 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.
Population: 315 · Density: 4.3/mi² · Median household income: $92,500
Typical home value: $100,057 · Homeownership: 93.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56161 | Okabena, MN 56161 | 0.0 mi | 2 | $365,000 | $182,500 | $182,500 |
| 56150 | Lakefield, MN 56150 | 7.5 mi | 8 | $1,402,832 | $157,000 | $175,354 |
| 56167 | Round Lake, MN 56167 | 11.5 mi | 1 | $115,000 | $115,000 | $115,000 |
| 56101 | Windom, MN 56101 | 15.4 mi | 37 | $9,247,854 | $277,450 | $249,942 |
| 56143 | Jackson, MN 56143 | 16.8 mi | 28 | $6,951,980 | $188,750 | $248,285 |
| 51347 | Lake Park, IA 51347 | 19.4 mi | 8 | $3,020,000 | $347,700 | $377,500 |
| 56118 | Bingham Lake, MN 56118 | 21.4 mi | 1 | $149,000 | $149,000 | $149,000 |
| 51360 | Spirit Lake, IA 51360 | 22.2 mi | 53 | $59,028,008 | $526,000 | $1,113,736 |
| 56114 | Avoca, MN 56114 | 23.1 mi | 3 | $1,239,000 | $375,000 | $413,000 |
| 51355 | Okoboji, IA 51355 | 23.7 mi | 71 | $39,760,781 | $269,000 | $560,011 |
| 56145 | Jeffers, MN 56145 | 25.3 mi | 1 | $120,000 | $120,000 | $120,000 |
| 51331 | Arnolds Park, IA 51331 | 25.6 mi | 46 | $31,737,286 | $569,900 | $689,941 |
| 56141 | Iona, MN 56141 | 26.1 mi | 2 | $169,000 | $84,500 | $84,500 |
As of July 2026, there are 2 active listings in OKABENA, MN (zip code 56161), compared to 2 the prior year.
The median listing price in OKABENA, MN 56161 is $180,000 as of July 2026, a 51.4% decrease from $370,000 the prior year.
Homes in OKABENA, MN 56161 spend an average of 73 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of July 2026, OKABENA, MN 56161 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 73 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in OKABENA, MN 56161 save an estimated $3,600 compared to a typical 5% commission on the median listing price of $180,000. 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.