Call or Text (240) SELL-123

MINNEOTA, MN 56264

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

Market Analysis

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

The MINNEOTA, MN real estate market (56264) currently shows 2 active listings, with 1 pending sales. Homes are averaging 295 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 295 days on market compared to 206 days last year.

The median listing price has fallen 92.2% year-over-year, from $449,500 to $35,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MINNEOTA, MN 56264 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$35,000
⇩ 92.2% vs $449,500 last year
Average Price
$35,000
⇩ 92.2% vs $449,500 last year
Days on Market
295
⇧ 43.2% vs 206 days last year

Price Per Square Foot

Median $/sqft
$29
⇩ 77.2% vs $127/sqft last year
Median Home Size
1,212 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 295 now vs 206 last year

Median & Average Pricing

Year over Year
  • Median: $35,000 (-92.2% YoY)
  • Average: $35,000 (-92.2% 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 30.5 miles — 74 listings ($19,341,831 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56264Minneota, MN 562640.0 mi2$124,500$62,250$62,250
56239Ghent, MN 562396.0 mi1$99,900$99,900$99,900
56157Lynd, MN 5615712.4 mi1$1,285,000$1,285,000$1,285,000
56258Marshall, MN 5625814.3 mi17$4,579,528$214,975$269,384
56223Clarkfield, MN 5622315.2 mi6$701,760$80,000$116,960
56218Boyd, MN 5621817.4 mi2$838,000$419,000$419,000
56178Tyler, MN 5617821.3 mi4$919,000$214,975$229,750
56136Hendricks, MN 5613622.1 mi4$843,268$124,450$210,817
56232Dawson, MN 5623224.6 mi15$2,542,890$157,450$169,526
56241Granite Falls, MN 5624124.9 mi14$3,489,010$228,750$249,215
56237Echo, MN 5623727.0 mi1$238,000$238,000$238,000
56132Garvin, MN 5613228.0 mi5$3,256,125$790,000$651,225
56255Lucan, MN 5625530.5 mi2$424,850$212,425$212,425

Frequently Asked Questions

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

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

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

The median listing price in MINNEOTA, MN 56264 is $35,000 as of March 2026, a 92.2% decrease from $449,500 the prior year.

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

Homes in MINNEOTA, MN 56264 spend an average of 295 days on the market before going under contract, compared to 206 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 March 2026, MINNEOTA, MN 56264 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 295 days on market compared to 206 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 $700 compared to a typical 5% commission on the median listing price of $35,000. 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.