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OLIVIA, MN 56277

Real Estate Market Report  ·  Renville County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The OLIVIA, MN real estate market (56277) currently shows 11 active listings, with 4 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 53 days on market compared to 143 days last year.

The median listing price has fallen 15.5% year-over-year, from $274,375 to $231,750.

Whether you are buying or selling in OLIVIA, 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: 3,089  ·  Density: 10.7/mi²  ·  Median household income: $65,363

Typical home value: $178,850  ·  Homeownership: 67.0%

Market Overview

Active Listings
11
⇩ 8.3% vs 12 last year
Pending
4
36% pending ratio
Median Price
$231,750
⇩ 15.5% vs $274,375 last year
Average Price
$229,281
⇩ 7% vs $246,492 last year
Days on Market
53
⇩ 62.9% vs 143 days last year

Price Per Square Foot

Median $/sqft
$107
⇩ 7% vs $115/sqft last year
Median Home Size
1,956 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 12 last year
  • Days on market: 53 now vs 143 last year

Median & Average Pricing

Year over Year
  • Median: $231,750 (-15.5% YoY)
  • Average: $229,281 (-7% 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 27.8 miles — 46 listings ($10,283,717 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56277Olivia, MN 562770.0 mi14$3,277,484$238,500$234,106
55310Bird Island, MN 553105.7 mi4$670,600$181,150$167,650
56216Blomkest, MN 5621612.3 mi2$598,000$299,000$299,000
56270Morton, MN 5627014.3 mi2$359,850$179,925$179,925
56285Sacred Heart, MN 5628517.6 mi4$974,668$159,000$243,667
55314Buffalo Lake, MN 5531419.2 mi3$817,500$313,500$272,500
56214Belview, MN 5621420.0 mi1$144,900$144,900$144,900
55332Fairfax, MN 5533222.1 mi3$904,200$301,400$301,400
56222Clara City, MN 5622223.6 mi4$1,173,000$262,500$293,250
55385Stewart, MN 5538524.5 mi1$176,200$176,200$176,200
56251Kandiyohi, MN 5625126.0 mi1$164,000$164,000$164,000
55335Gibbon, MN 5533527.4 mi5$816,315$164,925$163,263
56293Wabasso, MN 5629327.8 mi2$207,000$103,500$103,500

Frequently Asked Questions

How many homes are for sale in OLIVIA, MN 56277?

As of April 2026, there are 11 active listings in OLIVIA, MN (zip code 56277), compared to 12 the prior year.

What is the median home price in OLIVIA, MN 56277?

The median listing price in OLIVIA, MN 56277 is $231,750 as of April 2026, a 15.5% decrease from $274,375 the prior year.

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

Homes in OLIVIA, MN 56277 spend an average of 53 days on the market before going under contract, compared to 143 days the prior year.

Is it a seller's or buyer's market in OLIVIA, MN 56277?

Based on current inventory and days-on-market data as of April 2026, OLIVIA, MN 56277 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 143 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OLIVIA, MN 56277 save an estimated $4,635 compared to a typical 5% commission on the median listing price of $231,750. 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.