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ORMSBY, MN 56162

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The ORMSBY, MN real estate market (56162) currently shows 1 active listings. Homes are averaging 19 days on the market before going under contract.

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Market Context

Market Context

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

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

Market Overview

Active Listings
1
—
Pending
0
0% pending ratio
Median Price
$48,500
—
Average Price
$48,500
—
Days on Market
19
—

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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.5 miles — 117 listings ($27,913,825 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 mi2$229,800$114,900$114,900
56081Saint James, MN 5608110.7 mi29$6,002,159$190,950$206,971
56181Welcome, MN 5618111.4 mi6$2,087,682$322,250$347,947
56060Lewisville, MN 5606013.1 mi1$159,950$159,950$159,950
56111Alpha, MN 5611117.4 mi2$798,000$399,000$399,000
56062Madelia, MN 5606219.1 mi5$1,374,500$309,900$274,900
56127Dunnell, MN 5612720.8 mi1$195,000$195,000$195,000
56039Granada, MN 5603921.2 mi3$408,600$139,900$136,200
56143Jackson, MN 5614322.5 mi28$6,951,980$188,750$248,285
56101Windom, MN 5610123.7 mi37$9,247,854$277,450$249,942
56010Amboy, MN 5601024.6 mi1$209,900$209,900$209,900
50531Dolliver, IA 5053126.5 mi1$199,900$199,900$199,900

Frequently Asked Questions

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

As of September 2026, there are 1 active listings in ORMSBY, MN (zip code 56162).

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

The median listing price in ORMSBY, MN 56162 is $48,500 as of September 2026.

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

Homes in ORMSBY, MN 56162 spend an average of 19 days on the market before going under contract.

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

Based on current inventory and days-on-market data as of September 2026, ORMSBY, MN 56162 is currently a Balanced Market.

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.