Data as of June 2026. Source: Realtor.com.
The GRACEVILLE, MN real estate market (56240) currently shows 4 active listings, with 2 pending sales. Homes are averaging 12 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 12 days on market compared to 2 days last year.
The median listing price has risen 16.5% year-over-year, from $159,900 to $186,250.
Whether you are buying or selling in GRACEVILLE, 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.
Population: 873 · Density: 2.3/mi² · Median household income: $59,821
Typical home value: $114,907 · Homeownership: 67.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56225 | Clinton, MN 56225 | 7.7 mi | 2 | $498,000 | $249,000 | $249,000 |
| 56278 | Ortonville, MN 56278 | 15.8 mi | 17 | $5,723,101 | $259,375 | $336,653 |
| 57216 | Big Stone City, SD 57216 | 18.3 mi | 4 | $1,156,000 | $289,000 | $289,000 |
| 56296 | Wheaton, MN 56296 | 18.4 mi | 2 | $301,500 | $150,750 | $150,750 |
| 57279 | Wilmot, SD 57279 | 21.8 mi | 1 | $99,900 | $99,900 | $99,900 |
| 56235 | Donnelly, MN 56235 | 24.5 mi | 2 | $288,000 | $144,000 | $144,000 |
| 56267 | Morris, MN 56267 | 26.3 mi | 14 | $2,764,650 | $176,975 | $197,475 |
| 56212 | Bellingham, MN 56212 | 30.5 mi | 2 | $338,000 | $169,000 | $169,000 |
| 56208 | Appleton, MN 56208 | 31.6 mi | 14 | $2,597,644 | $169,900 | $185,546 |
| 56311 | Barrett, MN 56311 | 36.1 mi | 2 | $489,800 | $244,900 | $244,900 |
| 56323 | Cyrus, MN 56323 | 36.5 mi | 2 | $404,000 | $202,000 | $202,000 |
| 57263 | South Shore, SD 57263 | 39.0 mi | 1 | $169,900 | $169,900 | $169,900 |
| 58041 | Hankinson, ND 58041 | 39.5 mi | 8 | $2,943,312 | $415,000 | $367,914 |
As of June 2026, there are 4 active listings in GRACEVILLE, MN (zip code 56240), compared to 1 the prior year.
The median listing price in GRACEVILLE, MN 56240 is $186,250 as of June 2026, a 16.5% increase from $159,900 the prior year.
Homes in GRACEVILLE, MN 56240 spend an average of 12 days on the market before going under contract, compared to 2 days the prior year.
Based on current inventory and days-on-market data as of June 2026, GRACEVILLE, MN 56240 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 12 days on market compared to 2 days last year.
With SELL123.com's maximum 3% commission, sellers in GRACEVILLE, MN 56240 save an estimated $3,725 compared to a typical 5% commission on the median listing price of $186,250. 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.