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MINNEOTA, MN 56264

Real Estate Market Report  ·  Lyon County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 60% vs 5 last year
Pending
1
50% pending ratio
Median Price
$62,250
⇩ 77.5% vs $277,250 last year
Average Price
$62,250
⇩ 77.5% vs $277,250 last year
Days on Market
133
⇩ 6.3% vs 142 days last year

Market Context

Population: 2,175  ·  Density: 6.5/mi²  ·  Median household income: $73,359

Typical home value: $167,247  ·  Homeownership: 80.6%

Market Analysis

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

The MINNEOTA, MN real estate market (56264) currently shows 2 active listings, with 1 pending sales. Homes are averaging 133 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 133 days on market compared to 142 days last year.

The median listing price has fallen 77.5% year-over-year, from $277,250 to $62,250.

Whether you are buying or selling in MINNEOTA, 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 5 last year
  • Days on market: 133 now vs 142 last year

Median & Average Pricing

Year over Year
  • Median: $62,250 (-77.5% YoY)
  • Average: $62,250 (-77.5% 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 30.5 miles — 58 listings ($13,675,666 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56264Minneota, MN 562640.0 mi2$124,500$62,250$62,250
56280Porter, MN 5628010.0 mi1$122,500$122,500$122,500
56229Cottonwood, MN 5622912.7 mi2$510,000$255,000$255,000
56142Ivanhoe, MN 5614214.4 mi4$597,800$149,450$149,450
56223Clarkfield, MN 5622315.2 mi6$776,160$80,000$129,360
56218Boyd, MN 5621817.4 mi3$792,000$264,000$264,000
56178Tyler, MN 5617821.3 mi4$1,025,200$225,000$256,300
56136Hendricks, MN 5613622.1 mi1$89,000$89,000$89,000
56232Dawson, MN 5623224.6 mi16$2,791,888$159,900$174,493
56241Granite Falls, MN 5624124.9 mi11$2,981,418$267,200$271,038
56237Echo, MN 5623727.0 mi1$238,000$238,000$238,000
56132Garvin, MN 5613228.0 mi5$3,199,900$735,000$639,980
56255Lucan, MN 5625530.5 mi2$427,300$213,650$213,650

Frequently Asked Questions

How many homes are for sale in MINNEOTA, MN 56264?

As of January 2026, there are 2 active listings in MINNEOTA, MN (zip code 56264), compared to 5 the prior year.

What is the median home price in MINNEOTA, MN 56264?

The median listing price in MINNEOTA, MN 56264 is $62,250 as of January 2026, a 77.5% decrease from $277,250 the prior year.

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

Homes in MINNEOTA, MN 56264 spend an average of 133 days on the market before going under contract, compared to 142 days the prior year.

Is it a seller's or buyer's market in MINNEOTA, MN 56264?

Based on current inventory and days-on-market data as of January 2026, MINNEOTA, MN 56264 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 133 days on market compared to 142 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MINNEOTA, MN 56264 save an estimated $1,245 compared to a typical 5% commission on the median listing price of $62,250. 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.