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BELLINGHAM, MN 56212

Real Estate Market Report  ·  Lac qui Parle County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BELLINGHAM, MN real estate market (56212) currently shows 2 active listings, with 1 pending sales. Homes are averaging 187 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 187 days on market compared to 63 days last year.

The median listing price has risen 26.3% year-over-year, from $129,900 to $164,000.

Whether you are buying or selling in BELLINGHAM, 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: 511  ·  Density: 2.5/mi²  ·  Median household income: $71,944

Typical home value: $121,170  ·  Homeownership: 87.6%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$164,000
⇧ 26.3% vs $129,900 last year
Average Price
$164,000
⇧ 36.9% vs $119,800 last year
Days on Market
187
⇧ 196.8% vs 63 days last year

Price Per Square Foot

Median $/sqft
$82
⇧ 28.1% vs $64/sqft last year
Median Home Size
1,992 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 187 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $164,000 (+26.3% YoY)
  • Average: $164,000 (+36.9% 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 35.6 miles — 106 listings ($26,794,575 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56212Bellingham, MN 562120.0 mi2$338,000$169,000$169,000
56278Ortonville, MN 5627814.7 mi17$5,723,101$259,375$336,653
57216Big Stone City, SD 5721615.0 mi4$1,156,000$289,000$289,000
56208Appleton, MN 5620817.1 mi14$2,597,644$169,900$185,546
56262Milan, MN 5626222.3 mi1$40,000$40,000$40,000
56295Watson, MN 5629524.3 mi1$89,000$89,000$89,000
57265Strandburg, SD 5726525.2 mi0$0$325,000$325,000
56220Canby, MN 5622027.9 mi9$1,651,500$152,500$183,500
56218Boyd, MN 5621828.3 mi2$838,000$419,000$419,000
56221Chokio, MN 5622129.8 mi1$159,900$159,900$159,900
56265Montevideo, MN 5626531.7 mi53$13,621,530$248,200$257,010
57279Wilmot, SD 5727933.0 mi1$99,900$99,900$99,900
57218Brandt, SD 5721835.6 mi1$480,000$480,000$480,000

Frequently Asked Questions

How many homes are for sale in BELLINGHAM, MN 56212?

As of March 2026, there are 2 active listings in BELLINGHAM, MN (zip code 56212), compared to 3 the prior year.

What is the median home price in BELLINGHAM, MN 56212?

The median listing price in BELLINGHAM, MN 56212 is $164,000 as of March 2026, a 26.3% increase from $129,900 the prior year.

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

Homes in BELLINGHAM, MN 56212 spend an average of 187 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in BELLINGHAM, MN 56212?

Based on current inventory and days-on-market data as of March 2026, BELLINGHAM, MN 56212 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 187 days on market compared to 63 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BELLINGHAM, MN 56212 save an estimated $3,280 compared to a typical 5% commission on the median listing price of $164,000. 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.