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HANCOCK, MN 56244

Real Estate Market Report  ·  Stevens County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HANCOCK, MN real estate market (56244) currently shows 5 active listings, with 2 pending sales. Homes are averaging 11 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 11 days on market compared to 18 days last year.

The median listing price has fallen 0% year-over-year, from $325,000 to $325,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
2
40% pending ratio
Median Price
$325,000
vs $325,000 last year
Average Price
$295,000
⇩ 4.5% vs $308,780 last year
Days on Market
11
⇩ 38.9% vs 18 days last year

Price Per Square Foot

Median $/sqft
$160
vs $160/sqft last year
Median Home Size
1,410 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 11 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $325,000 (+0% YoY)
  • Average: $295,000 (-4.5% 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
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 32.5 miles — 59 listings ($14,116,698 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56244Hancock, MN 562440.0 mi3$622,350$207,450$207,450
56323Cyrus, MN 5632310.7 mi2$404,000$202,000$202,000
56207Alberta, MN 5620714.2 mi1$78,500$78,500$78,500
56215Benson, MN 5621515.6 mi17$4,506,734$178,500$265,102
56208Appleton, MN 5620820.0 mi14$2,597,644$169,900$185,546
56221Chokio, MN 5622120.7 mi1$159,900$159,900$159,900
56343Kensington, MN 5634321.6 mi1$350,000$350,000$350,000
56339Hoffman, MN 5633923.7 mi6$2,386,188$337,400$397,698
56248Herman, MN 5624827.4 mi4$387,332$79,000$96,833
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$1,547,250$309,450$309,450
56225Clinton, MN 5622532.5 mi2$498,000$249,000$249,000

Frequently Asked Questions

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

As of March 2026, there are 5 active listings in HANCOCK, MN (zip code 56244), compared to 3 the prior year.

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

The median listing price in HANCOCK, MN 56244 is $325,000 as of March 2026, a 0% increase from $325,000 the prior year.

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

Homes in HANCOCK, MN 56244 spend an average of 11 days on the market before going under contract, compared to 18 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 March 2026, HANCOCK, MN 56244 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 11 days on market compared to 18 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 $6,500 compared to a typical 5% commission on the median listing price of $325,000. 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.