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MONTEVIDEO, MN 56265

Real Estate Market Report  ·  Chippewa County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The MONTEVIDEO, MN real estate market (56265) currently shows 61 active listings, with 14 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 111 days last year.

The median listing price has risen 16.8% year-over-year, from $212,498 to $248,250.

Whether you are buying or selling in MONTEVIDEO, 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: 7,666  ·  Density: 11.2/mi²  ·  Median household income: $60,885

Typical home value: $140,700  ·  Homeownership: 69.1%

Market Overview

Active Listings
61
⇧ 45.2% vs 42 last year
Pending
14
23% pending ratio
Median Price
$248,250
⇧ 16.8% vs $212,498 last year
Average Price
$271,000
⇧ 20.1% vs $225,679 last year
Days on Market
66
⇩ 40.5% vs 111 days last year

Price Per Square Foot

Median $/sqft
$127
⇧ 6.7% vs $119/sqft last year
Median Home Size
1,909 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 42 last year
  • Days on market: 66 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $248,250 (+16.8% YoY)
  • Average: $271,000 (+20.1% 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 32.4 miles — 108 listings ($27,730,284 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56265Montevideo, MN 562650.0 mi53$13,621,530$248,200$257,010
56260Maynard, MN 5626010.9 mi1$135,000$135,000$135,000
56241Granite Falls, MN 5624115.7 mi14$3,489,010$228,750$249,215
56218Boyd, MN 5621817.2 mi2$838,000$419,000$419,000
56223Clarkfield, MN 5622317.8 mi6$701,760$80,000$116,960
56215Benson, MN 5621521.9 mi17$4,506,734$178,500$265,102
56252Kerkhoven, MN 5625222.7 mi5$1,547,250$309,450$309,450
56282Raymond, MN 5628223.6 mi1$290,000$290,000$290,000
56297Wood Lake, MN 5629727.1 mi1$175,000$175,000$175,000
56284Renville, MN 5628429.1 mi4$540,000$149,000$135,000
56237Echo, MN 5623729.8 mi1$238,000$238,000$238,000
56216Blomkest, MN 5621631.9 mi2$598,000$299,000$299,000
56289Sunburg, MN 5628932.4 mi1$1,050,000$1,050,000$1,050,000

Frequently Asked Questions

How many homes are for sale in MONTEVIDEO, MN 56265?

As of April 2026, there are 61 active listings in MONTEVIDEO, MN (zip code 56265), compared to 42 the prior year.

What is the median home price in MONTEVIDEO, MN 56265?

The median listing price in MONTEVIDEO, MN 56265 is $248,250 as of April 2026, a 16.8% increase from $212,498 the prior year.

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

Homes in MONTEVIDEO, MN 56265 spend an average of 66 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in MONTEVIDEO, MN 56265?

Based on current inventory and days-on-market data as of April 2026, MONTEVIDEO, MN 56265 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 111 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONTEVIDEO, MN 56265 save an estimated $4,965 compared to a typical 5% commission on the median listing price of $248,250. 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.