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SLAYTON, MN 56172

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

Market Overview

Active Listings
11
vs 11 last year
Pending
2
18% pending ratio
Median Price
$367,500
⇧ 14.8% vs $320,000 last year
Average Price
$433,690
⇧ 16.1% vs $373,550 last year
Days on Market
55
⇩ 63.3% vs 150 days last year

Market Context

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

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

Market Analysis

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

The SLAYTON, MN real estate market (56172) currently shows 11 active listings, with 2 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 55 days on market compared to 150 days last year.

The median listing price has risen 14.8% year-over-year, from $320,000 to $367,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 55 now vs 150 last year

Median & Average Pricing

Year over Year
  • Median: $367,500 (+14.8% YoY)
  • Average: $433,690 (+16.1% 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 27.7 miles — 69 listings ($19,001,630 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56172Slayton, MN 561720.0 mi11$4,770,590$367,500$433,690
56141Iona, MN 561419.1 mi1$149,000$149,000$149,000
56123Currie, MN 5612310.0 mi1$139,900$139,900$139,900
56131Fulda, MN 5613114.3 mi12$3,477,300$292,450$289,775
56115Balaton, MN 5611515.4 mi6$1,986,000$325,000$331,000
56183Westbrook, MN 5618317.3 mi9$1,478,700$141,500$164,300
56175Tracy, MN 5617518.1 mi13$2,812,940$190,500$216,380
56165Reading, MN 5616520.1 mi1$289,500$289,500$289,500
56180Walnut Grove, MN 5618022.0 mi4$689,900$164,950$172,475
56166Revere, MN 5616623.6 mi2$888,000$444,000$444,000
56137Heron Lake, MN 5613725.5 mi1$215,000$215,000$215,000
56178Tyler, MN 5617826.0 mi4$1,025,200$225,000$256,300
56134Hardwick, MN 5613427.7 mi4$1,079,600$269,900$269,900

Frequently Asked Questions

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

As of January 2026, there are 11 active listings in SLAYTON, MN (zip code 56172), compared to 11 the prior year.

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

The median listing price in SLAYTON, MN 56172 is $367,500 as of January 2026, a 14.8% increase from $320,000 the prior year.

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

Homes in SLAYTON, MN 56172 spend an average of 55 days on the market before going under contract, compared to 150 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 January 2026, SLAYTON, MN 56172 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 55 days on market compared to 150 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 $7,350 compared to a typical 5% commission on the median listing price of $367,500. 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.