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BARRETT, MN 56311

Real Estate Market Report  ·  Grant County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$244,900
⇩ 51% vs $499,900 last year
Average Price
$244,900
⇩ 51% vs $499,900 last year
Days on Market
262
⇧ 5140% vs 5 days last year

Market Context

Population: 692  ·  Density: 3.7/mi²  ·  Median household income: $68,750

Typical home value: $162,009  ·  Homeownership: 85.3%

Market Analysis

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

The BARRETT, MN real estate market (56311) currently shows 2 active listings, with 1 pending sales. Homes are averaging 262 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 262 days on market compared to 5 days last year.

The median listing price has fallen 51% year-over-year, from $499,900 to $244,900.

Whether you are buying or selling in BARRETT, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 262 now vs 5 last year

Median & Average Pricing

Year over Year
  • Median: $244,900 (-51% YoY)
  • Average: $244,900 (-51% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.1 miles — 138 listings ($60,341,533 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56311Barrett, MN 563110.0 mi2$489,800$244,900$244,900
56531Elbow Lake, MN 565317.6 mi13$2,472,925$190,000$190,225
56309Ashby, MN 5630913.5 mi3$973,332$335,333$324,444
56248Herman, MN 5624813.6 mi3$302,001$89,000$100,667
56590Wendell, MN 5659015.8 mi1$134,900$134,900$134,900
56327Farwell, MN 5632716.8 mi1$269,900$269,900$269,900
56332Garfield, MN 5633219.5 mi1$210,000$210,000$210,000
56267Morris, MN 5626721.7 mi9$1,862,640$202,950$206,960
56308Alexandria, MN 5630824.5 mi86$45,347,800$449,950$527,300
56524Clitherall, MN 5652425.8 mi6$3,911,760$329,000$651,960
56296Wheaton, MN 5629627.9 mi3$433,500$144,500$144,500
56522Campbell, MN 5652228.6 mi1$178,400$178,400$178,400
56381Starbuck, MN 5638129.1 mi9$3,754,575$355,000$417,175

Frequently Asked Questions

How many homes are for sale in BARRETT, MN 56311?

As of January 2026, there are 2 active listings in BARRETT, MN (zip code 56311), compared to 1 the prior year.

What is the median home price in BARRETT, MN 56311?

The median listing price in BARRETT, MN 56311 is $244,900 as of January 2026, a 51% decrease from $499,900 the prior year.

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

Homes in BARRETT, MN 56311 spend an average of 262 days on the market before going under contract, compared to 5 days the prior year.

Is it a seller's or buyer's market in BARRETT, MN 56311?

Based on current inventory and days-on-market data as of January 2026, BARRETT, MN 56311 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 262 days on market compared to 5 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BARRETT, MN 56311 save an estimated $4,898 compared to a typical 5% commission on the median listing price of $244,900. 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.