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OKABENA, MN 56161

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

Market Overview

Active Listings
2
Pending
2
100% pending ratio
Median Price
$191,000
Average Price
$191,000
Days on Market
94

Market Context

Population: 315  ·  Density: 4.3/mi²  ·  Median household income: $92,500

Typical home value: $100,057  ·  Homeownership: 93.8%

Market Analysis

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

The OKABENA, MN real estate market (56161) currently shows 2 active listings, with 2 pending sales. Homes are averaging 94 days on the market before going under contract.

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.

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Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 27.8 miles — 191 listings ($113,456,307 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56161Okabena, MN 561610.0 mi2$382,000$191,000$191,000
56150Lakefield, MN 561507.5 mi6$976,302$143,450$162,717
56167Round Lake, MN 5616711.5 mi1$115,000$115,000$115,000
56101Windom, MN 5610115.4 mi37$9,278,379$277,450$250,767
56143Jackson, MN 5614316.8 mi21$5,270,664$199,900$250,984
51347Lake Park, IA 5134719.4 mi8$2,783,200$278,850$347,900
51360Spirit Lake, IA 5136022.2 mi51$49,153,953$470,000$963,803
51354Ocheyedan, IA 5135423.1 mi2$260,000$130,000$130,000
56183Westbrook, MN 5618323.2 mi9$1,478,700$141,500$164,300
56168Rushmore, MN 5616824.7 mi2$356,000$178,000$178,000
51331Arnolds Park, IA 5133125.6 mi39$25,943,229$559,900$665,211
56141Iona, MN 5614126.1 mi1$149,000$149,000$149,000
51351Milford, IA 5135127.8 mi12$17,309,880$1,037,450$1,442,490

Frequently Asked Questions

How many homes are for sale in OKABENA, MN 56161?

As of January 2026, there are 2 active listings in OKABENA, MN (zip code 56161).

What is the median home price in OKABENA, MN 56161?

The median listing price in OKABENA, MN 56161 is $191,000 as of January 2026.

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

Homes in OKABENA, MN 56161 spend an average of 94 days on the market before going under contract.

Is it a seller's or buyer's market in OKABENA, MN 56161?

Based on current inventory and days-on-market data as of January 2026, OKABENA, MN 56161 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in OKABENA, MN 56161 save an estimated $3,820 compared to a typical 5% commission on the median listing price of $191,000. 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.