Population: 5,642 · Density: 9.1/mi² · Median household income: $75,361
Typical home value: $138,068 · Homeownership: 76.0%
Data as of January 2026. Source: Realtor.com.
The PIPESTONE, MN real estate market (56164) currently shows 25 active listings, with 7 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 85 days on market compared to 90 days last year.
The median listing price has fallen 10.7% year-over-year, from $174,650 to $156,000.
Whether you are buying or selling in PIPESTONE, 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 $ |
|---|---|---|---|---|---|---|
| 56164 | Pipestone, MN 56164 | 0.0 mi | 25 | $6,929,275 | $156,000 | $277,171 |
| 56186 | Woodstock, MN 56186 | 12.6 mi | 2 | $99,800 | $49,900 | $49,900 |
| 56144 | Jasper, MN 56144 | 14.7 mi | 3 | $513,978 | $173,977 | $171,326 |
| 56149 | Lake Benton, MN 56149 | 17.4 mi | 7 | $1,602,720 | $89,900 | $228,960 |
| 56134 | Hardwick, MN 56134 | 18.7 mi | 4 | $1,079,600 | $269,900 | $269,900 |
| 56151 | Lake Wilson, MN 56151 | 20.2 mi | 4 | $1,324,000 | $331,000 | $331,000 |
| 57002 | Aurora, SD 57002 | 23.7 mi | 6 | $2,049,600 | $339,900 | $341,600 |
| 57022 | Dell Rapids, SD 57022 | 24.2 mi | 9 | $4,761,000 | $349,950 | $529,000 |
| 56147 | Kenneth, MN 56147 | 24.4 mi | 1 | $180,000 | $180,000 | $180,000 |
| 56169 | Russell, MN 56169 | 25.4 mi | 3 | $382,500 | $127,500 | $127,500 |
| 56156 | Luverne, MN 56156 | 27.3 mi | 29 | $7,871,412 | $237,450 | $271,428 |
| 57006 | Brookings, SD 57006 | 29.3 mi | 72 | $28,104,624 | $354,900 | $390,342 |
| 56142 | Ivanhoe, MN 56142 | 29.6 mi | 4 | $597,800 | $149,450 | $149,450 |
As of January 2026, there are 25 active listings in PIPESTONE, MN (zip code 56164), compared to 25 the prior year.
The median listing price in PIPESTONE, MN 56164 is $156,000 as of January 2026, a 10.7% decrease from $174,650 the prior year.
Homes in PIPESTONE, MN 56164 spend an average of 85 days on the market before going under contract, compared to 90 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PIPESTONE, MN 56164 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 85 days on market compared to 90 days last year.
With SELL123.com's maximum 3% commission, sellers in PIPESTONE, MN 56164 save an estimated $3,120 compared to a typical 5% commission on the median listing price of $156,000. 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.