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GROVE CITY, MN 56243

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The GROVE CITY, MN real estate market (56243) currently shows 7 active listings, with 4 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 18 days on market compared to 26 days last year.

The median listing price has fallen 28.1% year-over-year, from $250,000 to $179,675.

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 Context

Market Context

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

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

Market Overview

Active Listings
7
⇧ 250% vs 2 last year
Pending
4
57% pending ratio
Median Price
$179,675
⇩ 28.1% vs $250,000 last year
Average Price
$177,209
⇩ 29.1% vs $250,000 last year
Days on Market
18
⇩ 30.8% vs 26 days last year

Price Per Square Foot

Median $/sqft
$90
⇩ 63% vs $243/sqft last year
Median Home Size
1,760 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 2 last year
  • Days on market: 18 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $179,675 (-28.1% YoY)
  • Average: $177,209 (-29.1% 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 26.6 miles — 138 listings ($48,950,942 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56243Grove City, MN 562430.0 mi2$292,816$146,408$146,408
55355Litchfield, MN 553558.4 mi20$5,971,480$299,900$298,574
56251Kandiyohi, MN 5625111.9 mi1$164,000$164,000$164,000
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$657,501$217,500$219,167
56201Willmar, MN 5620118.3 mi60$19,666,380$268,200$327,773
55353Kimball, MN 5535320.6 mi10$4,097,290$339,950$409,729
56376Saint Martin, MN 5637623.1 mi1$339,800$339,800$339,800
56320Cold Spring, MN 5632024.0 mi26$13,102,908$438,925$503,958
56216Blomkest, MN 5621624.3 mi2$598,000$299,000$299,000
55321Cokato, MN 5532124.5 mi9$2,912,967$364,113$323,663
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 June 2026, there are 7 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 $179,675 as of June 2026, a 28.1% decrease from $250,000 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 18 days on the market before going under contract, compared to 26 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 June 2026, GROVE CITY, MN 56243 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 18 days on market compared to 26 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 $3,594 compared to a typical 5% commission on the median listing price of $179,675. 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.