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.
Population: 5,912 · Density: 20.8/mi² · Median household income: $64,231
Typical home value: $207,038 · Homeownership: 79.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56352 | Melrose, MN 56352 | 0.0 mi | 7 | $2,134,153 | $279,900 | $304,879 |
| 56325 | Elrosa, MN 56325 | 9.3 mi | 1 | $598,000 | $598,000 | $598,000 |
| 56307 | Albany, MN 56307 | 10.4 mi | 15 | $5,201,700 | $294,900 | $346,780 |
| 56376 | Saint Martin, MN 56376 | 12.1 mi | 1 | $339,800 | $339,800 | $339,800 |
| 56318 | Burtrum, MN 56318 | 15.3 mi | 1 | $535,000 | $535,000 | $535,000 |
| 56362 | Paynesville, MN 56362 | 17.5 mi | 16 | $5,523,920 | $279,950 | $345,245 |
| 56368 | Richmond, MN 56368 | 18.7 mi | 9 | $3,832,083 | $412,475 | $425,787 |
| 56385 | Villard, MN 56385 | 19.9 mi | 3 | $532,350 | $177,450 | $177,450 |
| 56314 | Bowlus, MN 56314 | 20.9 mi | 1 | $749,900 | $749,900 | $749,900 |
| 56347 | Long Prairie, MN 56347 | 22.2 mi | 18 | $5,517,072 | $264,900 | $306,504 |
| 56320 | Cold Spring, MN 56320 | 22.7 mi | 26 | $13,102,908 | $438,925 | $503,958 |
| 56328 | Flensburg, MN 56328 | 24.8 mi | 1 | $225,000 | $225,000 | $225,000 |
| 56369 | Rockville, MN 56369 | 25.8 mi | 1 | $419,900 | $419,900 | $419,900 |
As of March 2026, there are 10 active listings in MELROSE, MN (zip code 56352), compared to 11 the prior year.
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.
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.
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.
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.