Population: 1,858 · Density: 3.0/mi² · Median household income: $54,329
Typical home value: $96,784 · Homeownership: 80.4%
Data as of January 2026. Source: Realtor.com.
The WHEATON, MN real estate market (56296) currently shows 3 active listings. Homes are averaging 68 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 68 days on market compared to 81 days last year.
The median listing price has fallen 51.7% year-over-year, from $299,250 to $144,500.
Whether you are buying or selling in WHEATON, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56296 | Wheaton, MN 56296 | 0.0 mi | 3 | $433,500 | $144,500 | $144,500 |
| 56248 | Herman, MN 56248 | 16.2 mi | 3 | $302,001 | $89,000 | $100,667 |
| 56240 | Graceville, MN 56240 | 18.4 mi | 2 | $298,000 | $149,000 | $149,000 |
| 56590 | Wendell, MN 56590 | 20.5 mi | 1 | $134,900 | $134,900 | $134,900 |
| 56219 | Browns Valley, MN 56219 | 23.3 mi | 2 | $884,000 | $442,000 | $442,000 |
| 56531 | Elbow Lake, MN 56531 | 25.8 mi | 13 | $2,472,925 | $190,000 | $190,225 |
| 56225 | Clinton, MN 56225 | 26.0 mi | 2 | $528,000 | $264,000 | $264,000 |
| 56207 | Alberta, MN 56207 | 29.7 mi | 1 | $78,500 | $78,500 | $78,500 |
| 56267 | Morris, MN 56267 | 31.0 mi | 9 | $1,862,640 | $202,950 | $206,960 |
| 56520 | Breckenridge, MN 56520 | 31.6 mi | 25 | $7,023,225 | $279,900 | $280,929 |
| 56278 | Ortonville, MN 56278 | 33.8 mi | 16 | $5,175,600 | $245,000 | $323,475 |
| 57227 | Corona, SD 57227 | 34.6 mi | 2 | $799,800 | $399,900 | $399,900 |
| 56537 | Fergus Falls, MN 56537 | 35.8 mi | 37 | $12,351,488 | $330,000 | $333,824 |
As of January 2026, there are 3 active listings in WHEATON, MN (zip code 56296), compared to 6 the prior year.
The median listing price in WHEATON, MN 56296 is $144,500 as of January 2026, a 51.7% decrease from $299,250 the prior year.
Homes in WHEATON, MN 56296 spend an average of 68 days on the market before going under contract, compared to 81 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WHEATON, MN 56296 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 68 days on market compared to 81 days last year.
With SELL123.com's maximum 3% commission, sellers in WHEATON, MN 56296 save an estimated $2,890 compared to a typical 5% commission on the median listing price of $144,500. 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.