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HANCOCK, MN 56244

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$217,500
⇧ 47.7% vs $147,250 last year
Average Price
$217,500
⇧ 47.7% vs $147,250 last year
Days on Market
175
⇧ 430.3% vs 33 days last year

Market Context

Population: 1,714  ·  Density: 5.1/mi²  ·  Median household income: $78,611

Typical home value: $155,257  ·  Homeownership: 79.6%

Market Analysis

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

The HANCOCK, MN real estate market (56244) currently shows 2 active listings. Homes are averaging 175 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 175 days on market compared to 33 days last year.

The median listing price has risen 47.7% year-over-year, from $147,250 to $217,500.

Whether you are buying or selling in HANCOCK, 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: 2 this year vs 1 last year
  • Days on market: 175 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $217,500 (+47.7% YoY)
  • Average: $217,500 (+47.7% 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 32.5 miles — 73 listings ($18,270,441 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56244Hancock, MN 562440.0 mi2$435,000$217,500$217,500
56323Cyrus, MN 5632310.7 mi3$617,850$205,950$205,950
56207Alberta, MN 5620714.2 mi1$78,500$78,500$78,500
56215Benson, MN 5621515.6 mi18$4,717,458$182,000$262,081
56208Appleton, MN 5620820.0 mi14$2,585,212$169,900$184,658
56349Lowry, MN 5634920.7 mi1$395,000$395,000$395,000
56334Glenwood, MN 5633422.0 mi20$6,635,120$275,000$331,756
56271Murdock, MN 5627124.5 mi1$150,000$150,000$150,000
56248Herman, MN 5624827.4 mi3$302,001$89,000$100,667
56311Barrett, MN 5631129.2 mi2$489,800$244,900$244,900
56295Watson, MN 5629530.6 mi1$89,000$89,000$89,000
56252Kerkhoven, MN 5625231.4 mi5$1,247,500$249,500$249,500
56225Clinton, MN 5622532.5 mi2$528,000$264,000$264,000

Frequently Asked Questions

How many homes are for sale in HANCOCK, MN 56244?

As of January 2026, there are 2 active listings in HANCOCK, MN (zip code 56244), compared to 1 the prior year.

What is the median home price in HANCOCK, MN 56244?

The median listing price in HANCOCK, MN 56244 is $217,500 as of January 2026, a 47.7% increase from $147,250 the prior year.

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

Homes in HANCOCK, MN 56244 spend an average of 175 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in HANCOCK, MN 56244?

Based on current inventory and days-on-market data as of January 2026, HANCOCK, MN 56244 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 175 days on market compared to 33 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HANCOCK, MN 56244 save an estimated $4,350 compared to a typical 5% commission on the median listing price of $217,500. 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.