Call or Text (240) SELL-123

ORMSBY, MN 56162

Real Estate Market Report  ·  Martin County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$48,500
⇩ 69.3% vs $158,000 last year
Average Price
$48,500
⇩ 68.5% vs $153,800 last year
Days on Market
5
⇩ 93.1% vs 72 days last year

Market Context

Population: 248  ·  Density: 4.1/mi²  ·  Median household income: $77,500

Typical home value: $92,236  ·  Homeownership: 89.2%

Market Analysis

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

The ORMSBY, MN real estate market (56162) currently shows 1 active listings. Homes are averaging 5 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 5 days on market compared to 72 days last year.

The median listing price has fallen 69.3% year-over-year, from $158,000 to $48,500.

Whether you are buying or selling in ORMSBY, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ORMSBY, MN 56162 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 5 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $48,500 (-69.3% YoY)
  • Average: $48,500 (-68.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.8 miles — 92 listings ($19,684,073 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56162Ormsby, MN 561620.0 mi1$48,500$48,500$48,500
56160Odin, MN 561607.1 mi1$189,900$189,900$189,900
56081Saint James, MN 5608110.7 mi34$7,365,012$194,250$216,618
56181Welcome, MN 5618111.4 mi7$1,912,701$225,000$273,243
56159Mountain Lake, MN 5615915.2 mi7$1,222,620$149,999$174,660
56111Alpha, MN 5611117.4 mi2$494,000$247,000$247,000
56062Madelia, MN 5606219.1 mi4$1,064,600$309,900$266,150
56121Ceylon, MN 5612121.0 mi2$370,000$185,000$185,000
56019Comfrey, MN 5601921.9 mi2$166,000$83,000$83,000
56090Vernon Center, MN 5609023.1 mi3$675,000$225,000$225,000
56098Winnebago, MN 5609824.5 mi11$1,784,046$139,700$162,186
56047Huntley, MN 5604725.1 mi1$65,500$65,500$65,500
56055Lake Crystal, MN 5605528.8 mi17$4,326,194$219,900$254,482

Frequently Asked Questions

How many homes are for sale in ORMSBY, MN 56162?

As of January 2026, there are 1 active listings in ORMSBY, MN (zip code 56162), compared to 3 the prior year.

What is the median home price in ORMSBY, MN 56162?

The median listing price in ORMSBY, MN 56162 is $48,500 as of January 2026, a 69.3% decrease from $158,000 the prior year.

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

Homes in ORMSBY, MN 56162 spend an average of 5 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in ORMSBY, MN 56162?

Based on current inventory and days-on-market data as of January 2026, ORMSBY, MN 56162 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 5 days on market compared to 72 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ORMSBY, MN 56162 save an estimated $970 compared to a typical 5% commission on the median listing price of $48,500. 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.