Call or Text (240) SELL-123

LONG PRAIRIE, MN 56347

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

Market Analysis

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

The LONG PRAIRIE, MN real estate market (56347) currently shows 16 active listings, with 8 pending sales. Homes are averaging 78 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 78 days on market compared to 162 days last year.

The median listing price has fallen 0.8% year-over-year, from $250,000 to $247,975.

Whether you are buying or selling in LONG PRAIRIE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LONG PRAIRIE, MN 56347 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 8,109  ·  Density: 16.1/mi²  ·  Median household income: $68,919

Typical home value: $162,851  ·  Homeownership: 78.1%

Market Overview

Active Listings
16
⇧ 23.1% vs 13 last year
Pending
8
50% pending ratio
Median Price
$247,975
⇩ 0.8% vs $250,000 last year
Average Price
$265,490
⇩ 31.8% vs $389,317 last year
Days on Market
78
⇩ 51.9% vs 162 days last year

Price Per Square Foot

Median $/sqft
$169
⇧ 26.1% vs $134/sqft last year
Median Home Size
1,425 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 13 last year
  • Days on market: 78 now vs 162 last year

Median & Average Pricing

Year over Year
  • Median: $247,975 (-0.8% YoY)
  • Average: $265,490 (-31.8% 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 27.7 miles — 150 listings ($66,764,307 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56347Long Prairie, MN 563470.0 mi18$5,517,072$264,900$306,504
56438Browerville, MN 5643811.9 mi7$3,054,520$378,200$436,360
56382Swanville, MN 5638212.6 mi5$1,161,250$232,250$232,250
56360Osakis, MN 5636014.4 mi9$2,489,220$277,250$276,580
56328Flensburg, MN 5632816.4 mi1$225,000$225,000$225,000
56319Carlos, MN 5631917.5 mi3$1,403,700$467,900$467,900
56443Cushing, MN 5644320.5 mi5$2,018,065$394,000$403,613
56437Bertha, MN 5643721.5 mi5$1,248,900$200,000$249,780
56352Melrose, MN 5635222.2 mi7$2,134,153$279,900$304,879
56314Bowlus, MN 5631423.4 mi1$749,900$749,900$749,900
56385Villard, MN 5638524.8 mi3$532,350$177,450$177,450
56308Alexandria, MN 5630826.3 mi83$45,510,477$472,400$548,319
56453Hewitt, MN 5645327.7 mi3$719,700$239,900$239,900

Frequently Asked Questions

How many homes are for sale in LONG PRAIRIE, MN 56347?

As of March 2026, there are 16 active listings in LONG PRAIRIE, MN (zip code 56347), compared to 13 the prior year.

What is the median home price in LONG PRAIRIE, MN 56347?

The median listing price in LONG PRAIRIE, MN 56347 is $247,975 as of March 2026, a 0.8% decrease from $250,000 the prior year.

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

Homes in LONG PRAIRIE, MN 56347 spend an average of 78 days on the market before going under contract, compared to 162 days the prior year.

Is it a seller's or buyer's market in LONG PRAIRIE, MN 56347?

Based on current inventory and days-on-market data as of March 2026, LONG PRAIRIE, MN 56347 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 78 days on market compared to 162 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LONG PRAIRIE, MN 56347 save an estimated $4,960 compared to a typical 5% commission on the median listing price of $247,975. 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.