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WALNUT GROVE, MN 56180

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

Market Analysis

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

The WALNUT GROVE, MN real estate market (56180) currently shows 4 active listings, with 1 pending sales. Homes are averaging 106 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 106 days on market compared to 75 days last year.

The median listing price has fallen 28.5% year-over-year, from $198,000 to $141,625.

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Market Context

Market Context

Population: 1,218  ·  Density: 4.0/mi²  ·  Median household income: $64,219

Typical home value: $98,446  ·  Homeownership: 77.3%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
1
25% pending ratio
Median Price
$141,625
⇩ 28.5% vs $198,000 last year
Average Price
$152,379
⇩ 21.7% vs $194,500 last year
Days on Market
106
⇧ 41.3% vs 75 days last year

Price Per Square Foot

Median $/sqft
$107
⇧ 25.9% vs $85/sqft last year
Median Home Size
1,384 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 106 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $141,625 (-28.5% YoY)
  • Average: $152,379 (-21.7% 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 27.3 miles — 48 listings ($11,439,709 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56180Walnut Grove, MN 561800.0 mi6$827,232$113,750$137,872
56175Tracy, MN 561758.5 mi14$2,680,048$162,200$191,432
56255Lucan, MN 5625510.7 mi2$424,850$212,425$212,425
56123Currie, MN 5612312.8 mi2$279,800$139,900$139,900
56132Garvin, MN 5613214.7 mi5$3,256,125$790,000$651,225
56083Sanborn, MN 5608316.7 mi1$350,000$350,000$350,000
56145Jeffers, MN 5614519.5 mi1$120,000$120,000$120,000
56115Balaton, MN 5611521.6 mi4$1,280,000$325,000$320,000
56087Springfield, MN 5608724.3 mi8$1,235,504$103,950$154,438
56237Echo, MN 5623726.0 mi1$238,000$238,000$238,000
56214Belview, MN 5621426.0 mi1$144,900$144,900$144,900
56297Wood Lake, MN 5629726.9 mi1$175,000$175,000$175,000
56229Cottonwood, MN 5622927.3 mi2$428,250$214,125$214,125

Frequently Asked Questions

How many homes are for sale in WALNUT GROVE, MN 56180?

As of September 2026, there are 4 active listings in WALNUT GROVE, MN (zip code 56180), compared to 5 the prior year.

What is the median home price in WALNUT GROVE, MN 56180?

The median listing price in WALNUT GROVE, MN 56180 is $141,625 as of September 2026, a 28.5% decrease from $198,000 the prior year.

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

Homes in WALNUT GROVE, MN 56180 spend an average of 106 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in WALNUT GROVE, MN 56180?

Based on current inventory and days-on-market data as of September 2026, WALNUT GROVE, MN 56180 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 106 days on market compared to 75 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WALNUT GROVE, MN 56180 save an estimated $2,833 compared to a typical 5% commission on the median listing price of $141,625. 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.