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BELGRADE, MN 56312

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The BELGRADE, MN real estate market (56312) currently shows 5 active listings, with 2 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 20 days on market compared to 49 days last year.

The median listing price has fallen 31.7% year-over-year, from $492,500 to $336,200.

Whether you are buying or selling in BELGRADE, 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: 2,240  ·  Density: 5.0/mi²  ·  Median household income: $69,375

Typical home value: $222,813  ·  Homeownership: 82.9%

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
2
40% pending ratio
Median Price
$336,200
⇩ 31.7% vs $492,500 last year
Average Price
$368,063
⇩ 25.3% vs $492,500 last year
Days on Market
20
⇩ 59.2% vs 49 days last year

Price Per Square Foot

Median $/sqft
$154
⇩ 19.4% vs $191/sqft last year
Median Home Size
2,126 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 20 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $336,200 (-31.7% YoY)
  • Average: $368,063 (-25.3% 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 27.3 miles — 161 listings ($57,856,010 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56312Belgrade, MN 563120.0 mi1$629,000$629,000$629,000
56273New London, MN 562739.8 mi14$6,384,322$396,225$456,023
56362Paynesville, MN 5636212.2 mi16$5,523,920$279,950$345,245
56352Melrose, MN 5635214.9 mi7$2,134,153$279,900$304,879
56289Sunburg, MN 5628915.9 mi1$1,050,000$1,050,000$1,050,000
56368Richmond, MN 5636820.1 mi9$3,832,083$412,475$425,787
56279Pennock, MN 5627920.2 mi2$765,000$382,500$382,500
56334Glenwood, MN 5633420.8 mi22$8,036,974$296,250$365,317
55329Eden Valley, MN 5532921.5 mi6$1,836,768$265,750$306,128
56243Grove City, MN 5624324.3 mi2$292,816$146,408$146,408
56201Willmar, MN 5620125.3 mi60$19,666,380$268,200$327,773
56252Kerkhoven, MN 5625226.1 mi5$1,547,250$309,450$309,450
56310Avon, MN 5631027.3 mi16$6,157,344$376,150$384,834

Frequently Asked Questions

How many homes are for sale in BELGRADE, MN 56312?

As of June 2026, there are 5 active listings in BELGRADE, MN (zip code 56312), compared to 2 the prior year.

What is the median home price in BELGRADE, MN 56312?

The median listing price in BELGRADE, MN 56312 is $336,200 as of June 2026, a 31.7% decrease from $492,500 the prior year.

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

Homes in BELGRADE, MN 56312 spend an average of 20 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in BELGRADE, MN 56312?

Based on current inventory and days-on-market data as of June 2026, BELGRADE, MN 56312 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 20 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BELGRADE, MN 56312 save an estimated $6,724 compared to a typical 5% commission on the median listing price of $336,200. 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.