Data as of September 2026. Source: Realtor.com.
The MORGAN, MN real estate market (56266) currently shows 6 active listings, with 2 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 35 days on market compared to 44 days last year.
The median listing price has risen 14.3% year-over-year, from $199,900 to $228,500.
Population: 1,542 · Density: 6.0/mi² · Median household income: $65,000
Typical home value: $120,355 · Homeownership: 82.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56266 | Morgan, MN 56266 | 0.0 mi | 5 | $1,003,390 | $240,250 | $200,678 |
| 56085 | Sleepy Eye, MN 56085 | 12.3 mi | 8 | $1,848,200 | $213,650 | $231,025 |
| 56087 | Springfield, MN 56087 | 12.6 mi | 8 | $1,235,504 | $103,950 | $154,438 |
| 56293 | Wabasso, MN 56293 | 17.4 mi | 2 | $207,000 | $103,500 | $103,500 |
| 55335 | Gibbon, MN 55335 | 19.7 mi | 5 | $816,315 | $164,925 | $163,263 |
| 56152 | Lamberton, MN 56152 | 22.1 mi | 4 | $635,000 | $180,000 | $158,750 |
| 55310 | Bird Island, MN 55310 | 23.5 mi | 4 | $670,600 | $181,150 | $167,650 |
| 56214 | Belview, MN 56214 | 24.4 mi | 1 | $144,900 | $144,900 | $144,900 |
| 56255 | Lucan, MN 56255 | 24.9 mi | 2 | $424,850 | $212,425 | $212,425 |
| 56166 | Revere, MN 56166 | 27.2 mi | 2 | $858,000 | $429,000 | $429,000 |
| 56145 | Jeffers, MN 56145 | 28.1 mi | 1 | $120,000 | $120,000 | $120,000 |
| 56284 | Renville, MN 56284 | 28.7 mi | 4 | $540,000 | $149,000 | $135,000 |
| 56237 | Echo, MN 56237 | 29.2 mi | 1 | $238,000 | $238,000 | $238,000 |
As of September 2026, there are 6 active listings in MORGAN, MN (zip code 56266), compared to 11 the prior year.
The median listing price in MORGAN, MN 56266 is $228,500 as of September 2026, a 14.3% increase from $199,900 the prior year.
Homes in MORGAN, MN 56266 spend an average of 35 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MORGAN, MN 56266 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in MORGAN, MN 56266 save an estimated $4,570 compared to a typical 5% commission on the median listing price of $228,500. 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.