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READING, MN 56165

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$289,500
⇧ 141.3% vs $120,000 last year
Average Price
$289,500
⇧ 141.3% vs $120,000 last year
Days on Market
128
⇧ 28% vs 100 days last year

Market Context

Population: 333  ·  Density: 3.3/mi²  ·  Median household income: $97,857

Typical home value: $184,696  ·  Homeownership: 90.8%

Market Analysis

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

The READING, MN real estate market (56165) currently shows 1 active listings. Homes are averaging 128 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 128 days on market compared to 100 days last year.

The median listing price has risen 141.3% year-over-year, from $120,000 to $289,500.

Whether you are buying or selling in READING, 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
  • Days on market: 128 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $289,500 (+141.3% YoY)
  • Average: $289,500 (+141.3% 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 26.1 miles — 61 listings ($15,986,274 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56165Reading, MN 561650.0 mi1$289,500$289,500$289,500
56168Rushmore, MN 561688.9 mi2$356,000$178,000$178,000
56141Iona, MN 5614111.5 mi1$149,000$149,000$149,000
56119Brewster, MN 5611912.2 mi2$391,500$195,750$195,750
56117Bigelow, MN 5611713.8 mi1$145,000$145,000$145,000
56147Kenneth, MN 5614717.6 mi1$180,000$180,000$180,000
56161Okabena, MN 5616119.3 mi2$382,000$191,000$191,000
56167Round Lake, MN 5616719.4 mi1$115,000$115,000$115,000
56137Heron Lake, MN 5613720.6 mi1$215,000$215,000$215,000
56128Edgerton, MN 5612822.9 mi10$3,591,560$239,900$359,156
56151Lake Wilson, MN 5615123.9 mi4$1,324,000$331,000$331,000
56150Lakefield, MN 5615025.6 mi6$976,302$143,450$162,717
56156Luverne, MN 5615626.1 mi29$7,871,412$237,450$271,428

Frequently Asked Questions

How many homes are for sale in READING, MN 56165?

As of January 2026, there are 1 active listings in READING, MN (zip code 56165), compared to 1 the prior year.

What is the median home price in READING, MN 56165?

The median listing price in READING, MN 56165 is $289,500 as of January 2026, a 141.3% increase from $120,000 the prior year.

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

Homes in READING, MN 56165 spend an average of 128 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in READING, MN 56165?

Based on current inventory and days-on-market data as of January 2026, READING, MN 56165 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 128 days on market compared to 100 days last year.

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

With SELL123.com's maximum 3% commission, sellers in READING, MN 56165 save an estimated $5,790 compared to a typical 5% commission on the median listing price of $289,500. 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.