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ATWATER, MN 56209

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ATWATER, MN real estate market (56209) currently shows 8 active listings, with 3 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 88 days on market compared to 15 days last year.

The median listing price has fallen 27.2% year-over-year, from $375,000 to $272,925.

Whether you are buying or selling in ATWATER, 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: 2,565  ·  Density: 9.8/mi²  ·  Median household income: $80,179

Typical home value: $195,318  ·  Homeownership: 82.6%

Market Overview

Active Listings
8
⇧ 60% vs 5 last year
Pending
3
38% pending ratio
Median Price
$272,925
⇩ 27.2% vs $375,000 last year
Average Price
$377,667
⇩ 8.8% vs $414,000 last year
Days on Market
88
⇧ 486.7% vs 15 days last year

Price Per Square Foot

Median $/sqft
$171
⇩ 7.1% vs $184/sqft last year
Median Home Size
1,677 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 5 last year
  • Days on market: 88 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $272,925 (-27.2% YoY)
  • Average: $377,667 (-8.8% 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 26.4 miles — 149 listings ($58,029,362 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56209Atwater, MN 562090.0 mi11$4,048,968$280,850$368,088
56243Grove City, MN 562436.6 mi2$292,816$146,408$146,408
56253Lake Lillian, MN 5625311.8 mi3$657,501$217,500$219,167
55355Litchfield, MN 5535512.8 mi20$5,971,480$299,900$298,574
56273New London, MN 5627315.9 mi14$6,384,322$396,225$456,023
56216Blomkest, MN 5621617.9 mi2$598,000$299,000$299,000
56279Pennock, MN 5627919.4 mi2$765,000$382,500$382,500
55389Watkins, MN 5538921.4 mi8$3,454,744$372,750$431,843
55325Dassel, MN 5532523.5 mi11$5,169,538$457,400$469,958
56252Kerkhoven, MN 5625224.9 mi5$1,547,250$309,450$309,450
55350Hutchinson, MN 5535025.4 mi48$22,030,176$387,450$458,962
56368Richmond, MN 5636825.9 mi9$3,832,083$412,475$425,787
56277Olivia, MN 5627726.4 mi14$3,277,484$238,500$234,106

Frequently Asked Questions

How many homes are for sale in ATWATER, MN 56209?

As of March 2026, there are 8 active listings in ATWATER, MN (zip code 56209), compared to 5 the prior year.

What is the median home price in ATWATER, MN 56209?

The median listing price in ATWATER, MN 56209 is $272,925 as of March 2026, a 27.2% decrease from $375,000 the prior year.

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

Homes in ATWATER, MN 56209 spend an average of 88 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in ATWATER, MN 56209?

Based on current inventory and days-on-market data as of March 2026, ATWATER, MN 56209 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 88 days on market compared to 15 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ATWATER, MN 56209 save an estimated $5,459 compared to a typical 5% commission on the median listing price of $272,925. 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.