Call or Text (240) SELL-123

ECHO, MN 56237

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

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$238,000
⇩ 9.5% vs $263,000 last year
Average Price
$238,000
⇩ 9.5% vs $263,000 last year
Days on Market
⇩ 100% vs 177 days last year

Market Context

Population: 537  ·  Density: 3.3/mi²  ·  Median household income: $66,786

Typical home value: $126,459  ·  Homeownership: 85.7%

Market Analysis

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

The ECHO, MN real estate market (56237) currently shows 1 active listings.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

The median listing price has fallen 9.5% year-over-year, from $263,000 to $238,000.

Whether you are buying or selling in ECHO, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ECHO, MN 56237 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year

Median & Average Pricing

Year over Year
  • Median: $238,000 (-9.5% YoY)
  • Average: $238,000 (-9.5% 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 28.8 miles — 78 listings ($18,133,034 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56237Echo, MN 562370.0 mi1$238,000$238,000$238,000
56297Wood Lake, MN 562975.4 mi1$180,000$180,000$180,000
56241Granite Falls, MN 5624114.1 mi11$2,981,418$267,200$271,038
56263Milroy, MN 5626315.0 mi2$259,900$129,950$129,950
56283Redwood Falls, MN 5628315.6 mi28$6,480,936$186,900$231,462
56293Wabasso, MN 5629316.4 mi2$212,000$106,000$106,000
56230Danube, MN 5623020.6 mi1$345,000$345,000$345,000
56270Morton, MN 5627022.8 mi3$704,850$234,950$234,950
56277Olivia, MN 5627724.1 mi16$3,800,528$242,000$237,533
56222Clara City, MN 5622225.6 mi6$1,726,002$262,500$287,667
56264Minneota, MN 5626427.0 mi2$124,500$62,250$62,250
56152Lamberton, MN 5615228.3 mi2$365,000$182,500$182,500
56216Blomkest, MN 5621628.8 mi3$714,900$235,000$238,300

Frequently Asked Questions

How many homes are for sale in ECHO, MN 56237?

As of January 2026, there are 1 active listings in ECHO, MN (zip code 56237), compared to 3 the prior year.

What is the median home price in ECHO, MN 56237?

The median listing price in ECHO, MN 56237 is $238,000 as of January 2026, a 9.5% decrease from $263,000 the prior year.

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

Homes in ECHO, MN 56237 spend an average of 0 days on the market before going under contract, compared to 177 days the prior year.

Is it a seller's or buyer's market in ECHO, MN 56237?

Based on current inventory and days-on-market data as of January 2026, ECHO, MN 56237 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in ECHO, MN 56237 save an estimated $4,760 compared to a typical 5% commission on the median listing price of $238,000. 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.