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GROVE CITY, MN 56243

Real Estate Market Report  ·  Meeker County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$146,408
⇧ 19.5% vs $122,475 last year
Average Price
$146,408
⇧ 19.5% vs $122,475 last year
Days on Market
72
⇧ 44% vs 50 days last year

Market Context

Population: 1,864  ·  Density: 7.8/mi²  ·  Median household income: $64,583

Typical home value: $152,577  ·  Homeownership: 78.0%

Market Analysis

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

The GROVE CITY, MN real estate market (56243) currently shows 3 active listings, with 1 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 50 days last year.

The median listing price has risen 19.5% year-over-year, from $122,475 to $146,408.

Whether you are buying or selling in GROVE CITY, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 72 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $146,408 (+19.5% YoY)
  • Average: $146,408 (+19.5% 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 26.6 miles — 139 listings ($48,782,352 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56243Grove City, MN 562430.0 mi3$439,224$146,408$146,408
55355Litchfield, MN 553558.4 mi20$6,058,880$307,450$302,944
56251Kandiyohi, MN 5625111.9 mi1$269,900$269,900$269,900
55324Darwin, MN 5532414.6 mi1$529,900$529,900$529,900
56228Cosmos, MN 5622816.1 mi2$198,000$99,000$99,000
56253Lake Lillian, MN 5625317.2 mi3$660,000$220,000$220,000
56201Willmar, MN 5620118.3 mi59$19,608,237$284,900$332,343
55353Kimball, MN 5535320.6 mi9$3,487,050$319,500$387,450
56376Saint Martin, MN 5637623.1 mi2$679,600$339,800$339,800
56320Cold Spring, MN 5632024.0 mi26$12,779,260$429,900$491,510
56216Blomkest, MN 5621624.3 mi3$714,900$235,000$238,300
55321Cokato, MN 5532124.5 mi9$2,937,501$364,450$326,389
56369Rockville, MN 5636926.6 mi1$419,900$419,900$419,900

Frequently Asked Questions

How many homes are for sale in GROVE CITY, MN 56243?

As of January 2026, there are 3 active listings in GROVE CITY, MN (zip code 56243), compared to 2 the prior year.

What is the median home price in GROVE CITY, MN 56243?

The median listing price in GROVE CITY, MN 56243 is $146,408 as of January 2026, a 19.5% increase from $122,475 the prior year.

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

Homes in GROVE CITY, MN 56243 spend an average of 72 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in GROVE CITY, MN 56243?

Based on current inventory and days-on-market data as of January 2026, GROVE CITY, MN 56243 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 50 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GROVE CITY, MN 56243 save an estimated $2,928 compared to a typical 5% commission on the median listing price of $146,408. 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.