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MELROSE, MN 56352

Real Estate Market Report  ·  Stearns County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MELROSE, MN real estate market (56352) currently shows 10 active listings, with 4 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 32 days on market compared to 127 days last year.

The median listing price has fallen 14.3% year-over-year, from $332,200 to $284,675.

Whether you are buying or selling in MELROSE, 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: 5,912  ·  Density: 20.8/mi²  ·  Median household income: $64,231

Typical home value: $207,038  ·  Homeownership: 79.6%

Market Overview

Active Listings
10
⇩ 9.1% vs 11 last year
Pending
4
40% pending ratio
Median Price
$284,675
⇩ 14.3% vs $332,200 last year
Average Price
$316,758
⇩ 19.6% vs $393,875 last year
Days on Market
32
⇩ 74.8% vs 127 days last year

Price Per Square Foot

Median $/sqft
$115
⇩ 29.4% vs $163/sqft last year
Median Home Size
1,732 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 11 last year
  • Days on market: 32 now vs 127 last year

Median & Average Pricing

Year over Year
  • Median: $284,675 (-14.3% YoY)
  • Average: $316,758 (-19.6% 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 25.8 miles — 100 listings ($38,711,786 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56352Melrose, MN 563520.0 mi7$2,134,153$279,900$304,879
56325Elrosa, MN 563259.3 mi1$598,000$598,000$598,000
56307Albany, MN 5630710.4 mi15$5,201,700$294,900$346,780
56376Saint Martin, MN 5637612.1 mi1$339,800$339,800$339,800
56318Burtrum, MN 5631815.3 mi1$535,000$535,000$535,000
56362Paynesville, MN 5636217.5 mi16$5,523,920$279,950$345,245
56368Richmond, MN 5636818.7 mi9$3,832,083$412,475$425,787
56385Villard, MN 5638519.9 mi3$532,350$177,450$177,450
56314Bowlus, MN 5631420.9 mi1$749,900$749,900$749,900
56347Long Prairie, MN 5634722.2 mi18$5,517,072$264,900$306,504
56320Cold Spring, MN 5632022.7 mi26$13,102,908$438,925$503,958
56328Flensburg, MN 5632824.8 mi1$225,000$225,000$225,000
56369Rockville, MN 5636925.8 mi1$419,900$419,900$419,900

Frequently Asked Questions

How many homes are for sale in MELROSE, MN 56352?

As of March 2026, there are 10 active listings in MELROSE, MN (zip code 56352), compared to 11 the prior year.

What is the median home price in MELROSE, MN 56352?

The median listing price in MELROSE, MN 56352 is $284,675 as of March 2026, a 14.3% decrease from $332,200 the prior year.

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

Homes in MELROSE, MN 56352 spend an average of 32 days on the market before going under contract, compared to 127 days the prior year.

Is it a seller's or buyer's market in MELROSE, MN 56352?

Based on current inventory and days-on-market data as of March 2026, MELROSE, MN 56352 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 127 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MELROSE, MN 56352 save an estimated $5,694 compared to a typical 5% commission on the median listing price of $284,675. 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.