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SLAYTON, MN 56172

Real Estate Market Report  ·  Murray County
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The SLAYTON, MN real estate market (56172) currently shows 14 active listings, with 5 pending sales. Homes are averaging 33 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 33 days on market compared to 54 days last year.

The median listing price has fallen 33.1% year-over-year, from $253,250 to $169,300.

Whether you are buying or selling in SLAYTON, 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 Context

Market Context

Population: 2,948  ·  Density: 9.8/mi²  ·  Median household income: $69,808

Typical home value: $173,285  ·  Homeownership: 75.9%

Market Overview

Active Listings
14
⇩ 12.5% vs 16 last year
Pending
5
36% pending ratio
Median Price
$169,300
⇩ 33.1% vs $253,250 last year
Average Price
$229,445
⇩ 35.9% vs $358,093 last year
Days on Market
33
⇩ 38.9% vs 54 days last year

Price Per Square Foot

Median $/sqft
$96
⇩ 17.2% vs $116/sqft last year
Median Home Size
1,832 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 16 last year
  • Days on market: 33 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $169,300 (-33.1% YoY)
  • Average: $229,445 (-35.9% 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
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 27.7 miles — 56 listings ($15,578,353 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56172Slayton, MN 561720.0 mi12$4,607,280$253,750$383,940
56141Iona, MN 561419.1 mi2$169,000$84,500$84,500
56123Currie, MN 5612310.0 mi2$279,800$139,900$139,900
56132Garvin, MN 5613213.1 mi5$3,256,125$790,000$651,225
56185Wilmont, MN 5618515.4 mi1$314,500$314,500$314,500
56186Woodstock, MN 5618615.5 mi0$0$49,900$49,900
56175Tracy, MN 5617518.1 mi14$2,680,048$162,200$191,432
56165Reading, MN 5616520.1 mi1$279,500$279,500$279,500
56180Walnut Grove, MN 5618022.0 mi6$827,232$113,750$137,872
56166Revere, MN 5616623.6 mi2$858,000$429,000$429,000
56137Heron Lake, MN 5613725.5 mi4$578,168$171,225$144,542
56178Tyler, MN 5617826.0 mi4$919,000$214,975$229,750
56134Hardwick, MN 5613427.7 mi3$809,700$269,900$269,900

Frequently Asked Questions

How many homes are for sale in SLAYTON, MN 56172?

As of July 2026, there are 14 active listings in SLAYTON, MN (zip code 56172), compared to 16 the prior year.

What is the median home price in SLAYTON, MN 56172?

The median listing price in SLAYTON, MN 56172 is $169,300 as of July 2026, a 33.1% decrease from $253,250 the prior year.

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

Homes in SLAYTON, MN 56172 spend an average of 33 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in SLAYTON, MN 56172?

Based on current inventory and days-on-market data as of July 2026, SLAYTON, MN 56172 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 33 days on market compared to 54 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SLAYTON, MN 56172 save an estimated $3,386 compared to a typical 5% commission on the median listing price of $169,300. 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.