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BARRETT, MN 56311

Real Estate Market Report  ·  Grant County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BARRETT, MN real estate market (56311) currently shows 3 active listings, with 2 pending sales. Homes are averaging 329 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 329 days on market compared to 42 days last year.

The median listing price has fallen 27.9% year-over-year, from $339,450 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 Context

Market Context

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

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

Market Overview

Active Listings
3
vs 3 last year
Pending
2
67% pending ratio
Median Price
$244,900
⇩ 27.9% vs $339,450 last year
Average Price
$244,900
⇩ 27.9% vs $339,450 last year
Days on Market
329
⇧ 683.3% vs 42 days last year

Price Per Square Foot

Median $/sqft
$137
⇧ 12.3% vs $122/sqft last year
Median Home Size
1,792 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 329 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $244,900 (-27.9% YoY)
  • Average: $244,900 (-27.9% 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 29.2 miles — 45 listings ($12,825,414 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 mi12$2,538,192$179,950$211,516
56309Ashby, MN 5630913.5 mi4$1,296,952$319,000$324,238
56248Herman, MN 5624813.6 mi4$387,332$79,000$96,833
56315Brandon, MN 5631515.8 mi4$1,970,668$501,150$492,667
56324Dalton, MN 5632418.4 mi2$269,800$134,900$134,900
56323Cyrus, MN 5632320.1 mi2$404,000$202,000$202,000
56349Lowry, MN 5634921.7 mi1$395,000$395,000$395,000
56583Tintah, MN 5658325.5 mi1$640,000$640,000$640,000
56221Chokio, MN 5622127.6 mi1$159,900$159,900$159,900
56296Wheaton, MN 5629627.9 mi2$301,500$150,750$150,750
56515Battle Lake, MN 5651528.9 mi7$3,349,920$349,999$478,560
56244Hancock, MN 5624429.2 mi3$622,350$207,450$207,450

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in BARRETT, MN (zip code 56311), compared to 3 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 March 2026, a 27.9% decrease from $339,450 the prior year.

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

Homes in BARRETT, MN 56311 spend an average of 329 days on the market before going under contract, compared to 42 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 March 2026, BARRETT, MN 56311 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 329 days on market compared to 42 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.